Washington H Soul Pattinson was founded as a pharmacy in 1872 and just a few years later the rapidly expanding pharmacy moved to Pitt Street which continues to operate as a Soul Pattinson chemist.
The company was listed in 1903 and is the second oldest listed company on the ASX. It has never failed to pay a dividend, including through the great depression, two world wars and the GFC. It has also never required the raising of further capital.
In the second half of the 20th century WHSP expanded into a variety of investments and became a diversified investment house.
Today pharmaceutical interests represent just 5 per cent of our portfolio. The current market capitalisation of the company is over $3.8 billion which makes us one of Australia's top 100 listed companies.