Insider Buying: Washington H. Soul Pattinson and Company Limited (ASX:SOL) Insider Acquires 31,240 Shares of Stock

Washington H. Soul Pattinson and Company Limited (ASX:SOL) insider Todd Barlow acquired 31,240 shares of the firm’s stock in a transaction dated Monday, October 14th. The shares were acquired at an average price of A$32.32 ($21.69) per share, with a total value of A$1,009,676.80 ($677,635.44).

Washington H. Soul Pattinson and Company Limited Stock Performance

The company has a debt-to-equity ratio of 8.51, a quick ratio of 2.87 and a current ratio of 3.31.

Washington H. Soul Pattinson and Company Limited Increases Dividend

The firm also recently disclosed a Final dividend, which will be paid on Thursday, November 7th. Stockholders of record on Thursday, November 7th will be issued a dividend of $0.55 per share. This represents a dividend yield of 1.55%. The ex-dividend date is Monday, October 14th. This is a positive change from Washington H. Soul Pattinson and Company Limited’s previous Final dividend of $0.51. Washington H. Soul Pattinson and Company Limited’s dividend payout ratio is currently 68.84%.

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.