3 reasons why Soul Patts (ASX:SOL) is a great ASX dividend share

There are some compelling reasons why Washington H. Soul Pattinson and Co. Ltd (ASX: SOL), also called Soul Patts, could be considered a great ASX dividend share.

A quick overview of Soul Patts

Soul Patts is an investment conglomerate that has been listed since 1903.

The company has many long-serving employees. More than 40 employees have worked for the company for over 50 years. Five generations of the Pattinson family have served the company, as have three generations of the Dixson, Spence, Rowe and Letters families. Soul Patts itself takes a long-term investment approach into businesses.

The management team like to take a contrarian approach when taking positions into some sectors. For example, it recently invested into…