Rajiv Jain Purchases 106,449 Shares of GQG Partners Inc. (ASX:GQG) Stock

GQG Partners Inc. (ASX:GQG) insider Rajiv Jain acquired 106,449 shares of the business’s stock in a transaction dated Wednesday, March 19th. The stock was purchased at an average cost of A$2.10 ($1.32) per share, for a total transaction of A$223,542.90 ($140,593.02).

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

• On Monday, March 17th, Rajiv Jain acquired 125,000 shares of GQG Partners stock. The stock was purchased at an average cost of A$2.14 ($1.35) per share, for a total transaction of A$267,625.00 ($168,317.61).
• On Thursday, March 13th, Rajiv Jain bought 93,386 shares of GQG Partners stock. The shares were bought at an average cost of A$2.09 ($1.31) per share, for a total transaction of A$194,989.97 ($122,635.20).
• 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 ($1.39) per share, with a total value of A$195,567.53 ($122,998.45).
• 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 ($1.40) per share, for a total transaction of A$334,650.00 ($210,471.70).
• On Tuesday, March 4th, Rajiv Jain bought 119,330 shares of GQG Partners stock. The stock was purchased at an average price of A$2.26 ($1.42) per share, with a total value of A$269,566.47 ($169,538.66).

GQG Partners Price 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 declared a Final dividend, which will be paid on Wednesday, March 26th. Investors of record on Wednesday, March 26th will be issued a $0.042 dividend. This represents a yield of 1.67%. The ex-dividend date is Tuesday, February 18th. This is an increase from GQG Partners’s previous Final dividend of $0.03. GQG Partners’s dividend payout ratio 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.