Washington H. Soul Pattinson and Co. Limited
(ASX:SOL) has posted a full year underlying net profit of $154 million, down 4 per cent from the year before.
Chairman Robert Millner says the investment company’s profit dip was mainly owing to lower results from its investments in Brickworks Limited
(ASX:BKW) and CopperChem.
Mr Millner says the company’s diversification continues to deliver ongoing shareholder returns.
Washington H. Soul Pattinson has boosted its final dividend by 2 cents to 27 cents per share, bringing its full year shareholder payout to 44 cents.