GQG Partners Inc. (ASX:GQG) Insider Acquires A$334,650.00 in Stock

GQG Partners Inc. (ASX:GQG) insider Rajiv Jain bought 150,000 shares of the business’s stock in a transaction that occurred on Thursday, March 6th. The shares were bought at an average cost of A$2.23 ($1.41) per share, with a total value of A$334,650.00 ($211,803.80).

Rajiv Jain also recently made the following trade(s):

• On Tuesday, March 4th, Rajiv Jain bought 119,330 shares of GQG Partners stock. The stock was purchased at an average cost of A$2.26 ($1.43) per share, for a total transaction of A$269,566.47 ($170,611.69).
• On Wednesday, December 18th, Rajiv Jain purchased 220,000 shares of GQG Partners stock. The shares were purchased at an average cost of A$2.28 ($1.45) per share, with a total value of A$502,480.00 ($318,025.32).
• On Monday, December 16th, Rajiv Jain acquired 110,799 shares of GQG Partners stock. The stock was purchased at an average cost of A$2.22 ($1.41) per share, for a total transaction of A$246,306.18 ($155,889.99).
• On Friday, December 13th, Rajiv Jain acquired 79,871 shares of GQG Partners stock. The shares were acquired at an average price of A$2.28 ($1.45) per share, with a total value of A$182,425.36 ($115,459.09).

GQG Partners Stock Performance

The company has a debt-to-equity ratio of 29.62, a quick ratio of 4.06 and a current ratio of 1.55. The stock has a market cap of $4.41 billion, a PE ratio of 12.62, a PEG ratio of 0.44 and a beta of 0.85.

GQG Partners Increases Dividend

The business also recently declared a Final dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 26th will be given a $0.042 dividend. The ex-dividend date of this dividend is Tuesday, February 18th. This is an increase from GQG Partners’s previous Final dividend of $0.03. This represents a yield of 1.67%. GQG Partners’s dividend payout ratio (DPR) is currently 63.16%.

About GQG Partners

GQG Partners Inc operates as a boutique asset management company worldwide. It manages equity portfolios for investors, including insurance funds, pension/superannuation funds, sovereign wealth funds, ultra high net worth investors, sub advised funds, financial advisors, wealth management administration platforms, private banks, and other discretionary wealth managers.