BREAKING: Washington H. Soul Pattinson and Co. Ltd (ASX: SOL) has just announced a remarkable achievement in dividend growth, positioning itself as a top choice for investors seeking long-term income. In a stunning track record, this diversified investment conglomerate has paid dividends every year since its listing in 1903.
This historic company, which began as a pharmacy over a century ago, continues to show resilience and growth even through significant global challenges. Its ability to maintain a steady stream of dividends, including during world wars and economic downturns, underscores its stability.
The latest data reveals that Washington H. Soul Pattinson has increased its annual ordinary dividend every year since 1998, marking a remarkable 27 years of consecutive dividend growth. This is the longest-running record in the Australian Stock Exchange (ASX), with dividends growing at a compound annual growth rate (CAGR) of 10.5% since 1998.
Even more impressive is the recent surge in dividend growth, which has accelerated to an annual rate of 13.5% following the acquisition of Milton, a listed investment company, between FY21 and FY25. This strategic move has significantly boosted cash flow growth, with net cash flow from investments per share increasing at 16.5% annually since the merger.
For those looking to secure their financial future, Washington H. Soul Pattinson represents a compelling option. The company has cultivated a high-quality, diversified portfolio that spans various asset classes and industries, including telecommunications, real estate, and emerging technologies. This strategic diversification not only mitigates risk but also enhances potential returns.
The company is actively investing in unlisted assets, targeting areas with strong return potential while maintaining flexibility in its asset allocation. Unlike many institutional investors, Washington H. Soul Pattinson’s capital is permanent, allowing for a long-term investment horizon that can adapt to market changes.
Analysts note that the company’s impressive average annual return of 13.7% over the past 25 years indicates a robust outlook for continued success. Investors are encouraged to consider the company as a foundational asset in their portfolios, particularly as it navigates an ever-evolving market landscape.
As of September 23, 2025, the outlook remains positive for Washington H. Soul Pattinson, with many experts bullish on the company’s long-term potential. As it continues to enhance its portfolio with local and international assets, investors are advised to keep a close eye on this stock.
For those considering an investment of $1,000 in Washington H. Soul Pattinson, it’s crucial to weigh the latest developments. Notably, Motley Fool investing expert Scott Phillips has highlighted potential alternatives, suggesting that there are currently five stocks he believes may offer better opportunities for investors.
With the market in constant flux, staying informed is essential. Washington H. Soul Pattinson’s ongoing commitment to dividend growth makes it a noteworthy option for investors who prioritize stability and long-term returns. Shareholders and potential investors alike should remain vigilant as this story develops.
“Washington H. Soul Pattinson aims to deliver both capital and income growth for shareholders,” said an industry expert.
As more data emerges, keep watching for updates on Washington H. Soul Pattinson to see how it continues to shape the investment landscape in Australia.
