Insider Buying: Washington H. Soul Pattinson and Company Limited (ASX:SOL) Insider Purchases 15,034 Shares of Stock

Washington H. Soul Pattinson and Company Limited (ASX:SOL) insider Josephine Sukkar acquired 15,034 shares of the business’s stock in a transaction that occurred on Thursday, April 18th. The shares were acquired at an average cost of A$33.31 ($21.49) per share, for a total transaction of A$500,782.54 ($323,085.51).

Washington H. Soul Pattinson and Company Limited Stock Performance

The company has a debt-to-equity ratio of 7.01, a current ratio of 4.16 and a quick ratio of 2.87.

Washington H. Soul Pattinson and Company Limited Increases Dividend

The firm also recently declared a Interim dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 9th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Tuesday, April 16th. This represents a yield of 1.16%. This is an increase from Washington H. Soul Pattinson and Company Limited’s previous Interim dividend of $0.36. Washington H. Soul Pattinson and Company Limited’s payout ratio is currently 53.85%.

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.