Insider Buying: Washington H. Soul Pattinson and Company Limited (ASX:SOL) Insider Acquires 100,000 Shares of Stock

Washington H. Soul Pattinson and Company Limited (ASX:SOL) insider Robert Millner acquired 100,000 shares of the stock in a transaction dated Friday, April 4th. The shares were bought at an average cost of A$34.48 ($21.28) per share, for a total transaction of A$3,447,900.00 ($2,128,333.33).

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

• On Monday, March 24th, Robert Millner acquired 25,000 shares of Washington H. Soul Pattinson and Company Limited stock. The stock was acquired at an average price of A$34.42 ($21.25) per share, for a total transaction of A$860,600.00 ($531,234.57).

Washington H. Soul Pattinson and Company Limited Stock Performance

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

Washington H. Soul Pattinson and Company Limited Increases Dividend

The company also recently announced 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 is an increase from Washington H. Soul Pattinson and Company Limited’s previous Interim dividend of $0.40. This represents a dividend yield of 1.29%. The ex-dividend date is Monday, April 14th. Washington H. Soul Pattinson and Company Limited’s dividend payout ratio is currently 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.