Santos Limited (ASX:STO – Get Free Report) insider Michael(Mike) Utsler purchased 20,000 shares of the company’s stock in a transaction that occurred on Friday, September 6th. The shares were acquired at an average cost of A$7.03 ($4.69) per share, for a total transaction of A$140,600.00 ($93,733.33).
Santos Price Performance
The company has a debt-to-equity ratio of 41.39, a current ratio of 1.12 and a quick ratio of 1.10.
Santos Increases Dividend
The business also recently disclosed a Interim dividend, which will be paid on Tuesday, September 24th. Investors of record on Tuesday, September 24th will be given a dividend of $0.193 per share. The ex-dividend date is Sunday, August 25th. This is an increase from Santos’s previous Interim dividend of $0.14. This represents a yield of 2.6%. Santos’s payout ratio is presently 79.31%.
About Santos
Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.
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