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 acquired 3,000 shares of the business’s stock in a transaction on Friday, March 21st. The shares were purchased 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 debt-to-equity ratio of 8.52, a quick ratio of 2.87 and a current ratio of 3.31. The company has a market capitalization of $12.34 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 4.73 and a beta of 0.44.

Washington H. Soul Pattinson and Company Limited Increases Dividend

The firm also recently declared a Interim dividend, which will be paid on Tuesday, May 13th. Shareholders of record on Tuesday, May 13th will be issued a $0.44 dividend. This represents a dividend yield of 1.29%. The ex-dividend date of this dividend is Monday, April 14th. This is an increase 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 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.