GQG Partners Inc. (ASX:GQG) Insider Acquires A$194,989.97 in Stock

GQG Partners Inc. (ASX:GQG) insider Rajiv Jain purchased 93,386 shares of the stock in a transaction on Thursday, March 13th. The shares were acquired at an average price of A$2.09 ($1.33) per share, for a total transaction of A$194,989.97 ($124,197.43).

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

• On Monday, March 17th, Rajiv Jain acquired 125,000 shares of GQG Partners stock. The shares were bought at an average cost of A$2.14 ($1.36) per share, for a total transaction of A$267,625.00 ($170,461.78).
• On Monday, March 10th, Rajiv Jain bought 88,733 shares of GQG Partners stock. The shares were purchased at an average cost of A$2.20 ($1.40) per share, with a total value of A$195,567.53 ($124,565.31).
• On Thursday, March 6th, Rajiv Jain purchased 150,000 shares of GQG Partners stock. The stock was acquired at an average cost of A$2.23 ($1.42) per share, for a total transaction of A$334,650.00 ($213,152.87).
• On Tuesday, March 4th, Rajiv Jain acquired 119,330 shares of GQG Partners stock. The stock was acquired at an average price of A$2.26 ($1.44) per share, with a total value of A$269,566.47 ($171,698.39).
• On Wednesday, December 18th, Rajiv Jain purchased 220,000 shares of GQG Partners stock. The stock was bought at an average cost of A$2.28 ($1.45) per share, with a total value of A$502,480.00 ($320,050.96).

GQG Partners Stock Performance

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

GQG Partners Increases Dividend

The firm also recently announced a Final dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 26th will be paid a dividend of $0.042 per share. This is a boost from GQG Partners’s previous Final dividend of $0.03. The ex-dividend date is Tuesday, February 18th. This represents a yield of 1.67%. GQG Partners’s dividend payout ratio (DPR) is 63.16%.

GQG Partners Company Profile

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.