Business
Why ‘ASX dividend king’ Soul Patts (ASX:SOL) is a top income share for 2021
The king of ASX dividend shares, Washington H. Soul Pattinson & Co Ltd (ASX: SOL) held its annual general meeting (AGM) this morning. I won’t bore you with the nitty-gritty details, as they were comprehensively poured over by my Fool colleague Eddy Sunato earlier today.
But in a nutshell, Soul Patts reported some solid performances from its investment portfolio (especially from its holdings in the resources sector), as well as a 44% slide in net profits before tax.
But what really stands out is this company’s dividend record.
You may have picked up that I described Soul Patts as the ‘king of ASX dividend shares’ earlier. That’s because this company simply has the best record when it comes to paying dividends out of any…
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