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Washington H. Soul Pattinson and Co. Limited (ASX:SOL)

ALERT: Price-sensitive ASX Announcement for SOL
Current share price for SOL : $46.150 7.87 (20.56%)+
Announcement
Release
26 Mar 2026 8:53AM
Price at Release
$38.280
Full Release
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Summary
Washington H. Soul Pattinson and Co. Limited (ASX:SOL) reported strong financial results for the half-year ending January 31, 2026. The company achieved a 14.6% increase in pre-tax Net Asset Value (NAV) to $13.8 billion and a 15.4% rise in Net Cash Flow from Investments to $334 million. The company declared a fully franked interim dividend of 48 cents per share, marking the 28th consecutive year of dividend growth. The reported statutory net profit after tax (NPAT) surged by 604.3% to $2,303 million, largely due to one-off items like the Brickworks merger and asset sales. The company also retained a significant $472 million in available cash for future investments. The management highlighted the resilience and breadth of its multi-asset portfolio as key to navigating market volatility and emphasized its commitment to long-term value creation for shareholders.
Key Points
  • 1H26 ordinary dividend of 48 cents per share, 9.1% higher than the prior period.
  • 28th consecutive year of increasing dividends.
  • Total Shareholder Return (TSR) since 2001 is 12.9%, outperforming the ASX200 by 4.6%.
  • Group Statutory NPAT increased by 604.3% to $2,303 million.
  • Group Regular NPAT increased by 6.7% to $304 million.
  • Pre-tax Net Asset Value (NAV) grew to $13.8 billion, a 14.6% increase.
  • Net Cash Flow From Investments rose 15.4% to $334 million.
  • $4.3 billion in portfolio turnover, excluding the Brickworks merger.
  • The company has $472 million in available cash.
  • Commitment to risk management, cash generation, and diversification.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.