John Lydon Purchases 36,800 Shares of Santos Limited (ASX:STO) Stock

Santos Limited (ASX:STO) insider John Lydon bought 36,800 shares of the firm’s stock in a transaction that occurred on Thursday, May 2nd. The shares were purchased at an average cost of A$7.44 ($4.93) per share, for a total transaction of A$273,792.00 ($181,319.21).

Santos Price Performance

The company has a debt-to-equity ratio of 40.32, a current ratio of 1.48 and a quick ratio of 1.10.

Santos Increases Dividend

The firm also recently disclosed a Final dividend, which was paid on Tuesday, March 26th. Investors of record on Tuesday, March 26th were issued a $0.268 dividend. The ex-dividend date was Sunday, February 25th. This represents a dividend yield of 3.61%. This is a boost from Santos’s previous Final dividend of $0.22. Santos’s payout ratio is 61.54%.

Santos Company Profile

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.