Santos (ASX:STO) Insider Acquires A$249,723.20 in Stock

Santos Limited (ASX:STO) insider John Lydon purchased 36,724 shares of the business’s stock in a transaction dated Wednesday, September 24th. The shares were purchased at an average price of A$6.80 per share, for a total transaction of A$249,723.20.

Santos Stock Performance

The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 41.93. The firm has a market cap of $14.32 billion, a P/E ratio of 11.42, a P/E/G ratio of 0.34 and a beta of 1.12.

Santos Increases Dividend

The company also recently declared a Interim dividend, which was paid on Tuesday, September 30th. Stockholders of record on Tuesday, September 30th were issued a dividend of $0.209 per share. The ex-dividend date was Monday, September 1st. This is a positive change from Santos’s previous Interim dividend of $0.19. This represents a dividend yield of 262.0%. Santos’s dividend payout ratio is currently 82.14%.

About Santos

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.