Insider Buying: Washington H. Soul Pattinson and Company Limited (ASX:SOL) Insider Acquires A$701,360.00 in Stock

Posted by Linda Flegge on Oct 19th, 2024

Washington H. Soul Pattinson and Company Limited (ASX:SOL – Get Free Report) insider Robert Millner acquired 20,000 shares of the business’s stock in a transaction on Tuesday, October 8th. The shares were bought at an average cost of A$35.07 ($23.54) per share, for a total transaction of A$701,360.00 ($470,711.41).

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

On Thursday, October 10th, Robert Millner purchased 15,000 shares of Washington H. Soul Pattinson and Company Limited stock. The shares were bought at an average price of A$35.07 ($23.54) per share, for a total transaction of A$526,020.00 ($353,033.56).
On Thursday, October 3rd, Robert Millner acquired 37,500 shares of Washington H. Soul Pattinson and Company Limited stock. The shares were purchased 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 purchased 100,000 shares of Washington H. Soul Pattinson and Company Limited stock. The shares were purchased at an average price of A$34.78 ($23.34) per share, for a total transaction 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 firm also recently declared a Final dividend, which will be paid on Thursday, November 7th. Investors of record on Thursday, November 7th will be given a $0.55 dividend. This is an increase from Washington H. Soul Pattinson and Company Limited’s previous Final dividend of $0.51. The ex-dividend date of this dividend is Monday, October 14th. This represents a yield of 1.55%. Washington H. Soul Pattinson and Company Limited’s dividend payout ratio is 68.84%.

Washington H. Soul Pattinson and Company Limited Company Profile

(Get Free Report)

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.