Robert Millner Acquires 25,000 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 25,000 shares of the stock in a transaction that occurred on Monday, March 24th. The stock was bought at an average cost of A$34.42 ($21.65) per share, with a total value of A$860,600.00 ($541,257.86).

Washington H. Soul Pattinson and Company Limited Price Performance

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

Washington H. Soul Pattinson and Company Limited Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Tuesday, May 13th. Investors of record on Tuesday, May 13th will be given a $0.44 dividend. This represents a yield of 1.29%. This is a positive change from Washington H. Soul Pattinson and Company Limited’s previous Interim dividend of $0.40. The ex-dividend date is Monday, April 14th. Washington H. Soul Pattinson and Company Limited’s dividend payout ratio (DPR) is presently 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.