Santos Limited (ASX:STO) Insider Acquires A$140,600.00 in Stock

Santos Limited (ASX:STOGet Free Report) insider Michael(Mike) Utsler purchased 20,000 shares of the stock in a transaction on Friday, September 6th. The shares were acquired at an average cost of A$7.03 ($4.69) per share, for a total transaction of A$140,600.00 ($93,733.33).

Santos Price Performance

The company has a current ratio of 1.12, a quick ratio of 1.10 and a debt-to-equity ratio of 41.39.

Santos Increases Dividend

The company also recently disclosed a Interim dividend, which will be paid on Tuesday, September 24th. Stockholders of record on Tuesday, September 24th will be issued a dividend of $0.193 per share. This represents a dividend yield of 2.6%. The ex-dividend date of this dividend is Sunday, August 25th. This is a boost from Santos’s previous Interim dividend of $0.14. Santos’s payout ratio is currently 79.31%.

Santos Company Profile

(Get Free Report)

Santos Limited explores for, develops, produces, transports, and markets hydrocarbons in Australia and Papua New Guinea. The company's assets are located in the Cooper Basin, Queensland and NSW, Papua New Guinea, Western Australia, Northern Australia and Timor-Leste. It also holds an asset in Alaska, the United States; and engages in the development of decarbonization technologies, such as carbon capture and storage technologies.

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