Robert Millner Purchases 100,000 Shares of Washington H. Soul Pattinson and Company Limited (ASX:SOL) Stock

Washington H. Soul Pattinson and Company Limited (ASX:SOL) insider Robert Millner purchased 100,000 shares of the company’s stock in a transaction that occurred on Friday, September 27th. The stock was purchased at an average price of A$34.78 ($23.50) per share, for a total transaction of A$3,477,500.00 ($2,349,662.16).

Washington H. Soul Pattinson and Company Limited Price Performance

The company has a debt-to-equity ratio of 8.51, a quick ratio of 2.87 and a current ratio of 3.31.

Washington H. Soul Pattinson and Company Limited Increases Dividend

The company also recently declared a Final dividend, which will be paid on Thursday, November 7th. Investors of record on Thursday, November 7th will be given a dividend of $0.55 per share. The ex-dividend date is Monday, October 14th. This represents a dividend yield of 1.55%. This is an increase from Washington H. Soul Pattinson and Company Limited’s previous Final dividend of $0.51. Washington H. Soul Pattinson and Company Limited’s dividend payout ratio (DPR) is 68.84%.

About Washington H. Soul Pattinson and Company Limited

Washington H. Soul Pattinson and Company Limited, an investment company, engages in investing various industries and asset classes in Australia. It operates through Strategic Portfolio, Large Caps Portfolio, Emerging Companies Portfolio, Private Equity Portfolio, Structured Yield Portfolio, and Property Portfolio segments.