Washington H. Soul Pattinson and Company Limited (ASX:SOL) Insider Buys A$101,580.00 in Stock

Washington H. Soul Pattinson and Company Limited (ASX:SOL) insider Bruce MacDiarmid acquired 3,000 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was acquired at an average price of A$33.86 ($21.30) per share, with a total value of A$101,580.00 ($63,886.79).

Washington H. Soul Pattinson and Company Limited Stock Performance

The company has a debt-to-equity ratio of 8.52, a quick ratio of 2.87 and a current ratio of 3.31. The firm has a market capitalization of $12.34 billion, a P/E ratio of 21.86, a P/E/G ratio of 4.73 and a beta of 0.44.

Washington H. Soul Pattinson and Company Limited Increases Dividend

The business also recently disclosed a Interim dividend, which will be paid on Tuesday, May 13th. Stockholders of record on Tuesday, May 13th will be given a dividend of $0.44 per share. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend is Monday, April 14th. This is an increase from Washington H. Soul Pattinson and Company Limited’s previous Interim dividend of $0.40. Washington H. Soul Pattinson and Company Limited’s payout ratio is currently 69.34%.

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.