Insider Buying: Washington H. Soul Pattinson and Company Limited (ASX:SOL) Insider Acquires 3,000 Shares of Stock

Washington H. Soul Pattinson and Company Limited (ASX:SOL) insider Bruce MacDiarmid purchased 3,000 shares of Washington H. Soul Pattinson and Company Limited stock in a transaction dated 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 market cap of $12.34 billion, a PE ratio of 21.86, a P/E/G ratio of 4.73 and a beta of 0.44. The company has a debt-to-equity ratio of 8.52, a quick ratio of 2.87 and a current ratio of 3.31.

Washington H. Soul Pattinson and Company Limited Increases Dividend

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

Washington H. Soul Pattinson and Company Limited Company Profile

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.