GQG Partners Inc. (ASX:GQG) Raises Dividend to $0.04 Per Share

GQG Partners Inc. (ASX:GQG) announced a final dividend on Monday, February 17th,MarketIndexAU Dividends reports. Investors of record on Wednesday, March 26th will be given a dividend of 0.042 per share on Wednesday, March 26th. This represents a yield of 1.67%. The ex-dividend date is Tuesday, February 18th. This is a boost from GQG Partners’s previous final dividend of $0.03.

GQG Partners Stock Performance

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

Insiders Place Their Bets

In related news, insider Rajiv Jain purchased 220,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 18th. The stock was acquired at an average price of A$2.28 ($1.45) per share, for a total transaction of A$502,480.00 ($320,050.96). Insiders have acquired 410,670 shares of company stock worth $931,212 in the last three months. 74.34% of the stock is owned by insiders.

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.