Robert Millner Buys 90,000 Shares of Washington H. Soul Pattinson and Company Limited (ASX:SOL) Stock

Washington H. Soul Pattinson and Company Limited (ASX:SOL) insider Robert Millner bought 90,000 shares of the stock in a transaction that occurred on Tuesday, April 9th. The stock was acquired at an average price of A$34.35 ($22.75) per share, for a total transaction of A$3,091,860.00 ($2,047,589.40).

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

• On Tuesday, April 2nd, Robert Millner acquired 181,635 shares of Washington H. Soul Pattinson and Company Limited stock. The stock was purchased at an average cost of A$33.88 ($22.44) per share, with a total value of A$6,153,248.90 ($4,074,999.27).
• On Thursday, April 4th, Robert Millner acquired 120,000 shares of Washington H. Soul Pattinson and Company Limited stock. The stock was purchased at an average cost of A$34.14 ($22.61) per share, with a total value of A$4,096,920.00 ($2,713,192.05).

Washington H. Soul Pattinson and Company Limited Price Performance

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

Washington H. Soul Pattinson and Company Limited Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Thursday, May 9th. Shareholders of record on Thursday, May 9th will be given a $0.40 dividend. 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. The ex-dividend date is Tuesday, April 16th. Washington H. Soul Pattinson and Company Limited’s dividend payout ratio is presently 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.