Insider Buying: GQG Partners Inc. (ASX:GQG) Insider Acquires 106,449 Shares of Stock

GQG Partners Inc. (ASX:GQG) insider Rajiv Jain bought 106,449 shares of GQG Partners stock in a transaction that occurred on Wednesday, March 19th. The shares were acquired at an average price of A$2.10 ($1.34) per share, with a total value of A$223,542.90 ($142,384.01).

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

• On Monday, March 17th, Rajiv Jain purchased 125,000 shares of GQG Partners stock. The shares were acquired at an average price of A$2.14 ($1.36) per share, with a total value of A$267,625.00 ($170,461.78).
• On Thursday, March 13th, Rajiv Jain bought 93,386 shares of GQG Partners stock. The stock was bought at an average cost of A$2.09 ($1.33) per share, for a total transaction of A$194,989.97 ($124,197.43).
• On Monday, March 10th, Rajiv Jain purchased 88,733 shares of GQG Partners stock. The stock was bought at an average cost of A$2.20 ($1.40) per share, for a total transaction of A$195,567.53 ($124,565.31).
• On Thursday, March 6th, Rajiv Jain acquired 150,000 shares of GQG Partners stock. The shares were bought at an average cost of A$2.23 ($1.42) per share, with a total value of A$334,650.00 ($213,152.87).
• On Tuesday, March 4th, Rajiv Jain purchased 119,330 shares of GQG Partners stock. The shares were purchased at an average cost of A$2.26 ($1.44) per share, with a total value of A$269,566.47 ($171,698.39).

GQG Partners Stock Performance

The firm 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 quick ratio of 4.06, a current ratio of 1.55 and a debt-to-equity ratio of 29.62.

GQG Partners Increases Dividend

The firm also recently disclosed a Final dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 26th will be issued a $0.042 dividend. This represents a dividend yield of 1.67%. This is a positive change from GQG Partners’s previous Final dividend of $0.03. The ex-dividend date of this dividend is Tuesday, February 18th. GQG Partners’s payout ratio is presently 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.