Insider Buying: Washington H. Soul Pattinson and Company Limited (ASX:SOL) Insider Acquires A$526,020.00 in Stock

Washington H. Soul Pattinson and Company Limited (ASX:SOL) insider Robert Millner purchased 15,000 shares of the stock in a transaction dated Thursday, October 10th. The shares were purchased at an average price of A$35.07 ($23.54) per share, with a total value of A$526,020.00 ($353,033.56).

Robert Millner also recently made the following trade(s):

• On Tuesday, October 8th, Robert Millner bought 20,000 shares of Washington H. Soul Pattinson and Company Limited stock. The shares were purchased at an average price of A$35.07 ($23.54) per share, for a total transaction of A$701,360.00 ($470,711.41).
• On Thursday, October 3rd, Robert Millner purchased 37,500 shares of Washington H. Soul Pattinson and Company Limited stock. The shares were acquired at an average cost of A$35.29 ($23.68) per share, for a total transaction of A$1,323,187.50 ($888,045.30).
• On Friday, September 27th, Robert Millner acquired 100,000 shares of Washington H. Soul Pattinson and Company Limited stock. The stock was acquired at an average cost of A$34.78 ($23.34) per share, with a total value of A$3,477,500.00 ($2,333,892.62).

Washington H. Soul Pattinson and Company Limited Price Performance

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

Washington H. Soul Pattinson and Company Limited Increases Dividend

The business also recently disclosed a Final dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.55 per share. This is a positive change from Washington H. Soul Pattinson and Company Limited’s previous Final dividend of $0.51. This represents a dividend yield of 1.55%. The ex-dividend date is Monday, October 14th. Washington H. Soul Pattinson and Company Limited’s dividend payout ratio is presently 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.