Insider Buying: GQG Partners Inc. (ASX:GQG) Insider Buys 150,000 Shares of Stock

GQG Partners Inc. (ASX:GQG) insider Rajiv Jain purchased 150,000 shares of the stock in a transaction on Thursday, March 6th. The shares were purchased at an average price 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 Monday, March 10th, Rajiv Jain bought 88,733 shares of GQG Partners stock. The stock was bought at an average price of A$2.20 ($1.39) per share, with a total value of A$195,567.53 ($123,776.92).
• On Tuesday, March 4th, Rajiv Jain bought 119,330 shares of GQG Partners stock. The stock was bought at an average price of A$2.26 ($1.43) per share, with a total value of A$269,566.47 ($170,611.69).
• On Wednesday, December 18th, Rajiv Jain purchased 220,000 shares of GQG Partners stock. The stock was acquired at an average price 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 purchased 110,799 shares of GQG Partners stock. The stock was acquired at an average price of A$2.22 ($1.41) per share, with a total value of A$246,306.18 ($155,889.99).
• On Friday, December 13th, Rajiv Jain purchased 79,871 shares of GQG Partners stock. The stock was 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 Price Performance

The stock has a market cap of $4.41 billion, a P/E ratio of 12.62, a price-to-earnings-growth 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 company also recently disclosed a Final dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 26th will be given a dividend of $0.042 per share. The ex-dividend date of this dividend is Tuesday, February 18th. This represents a yield of 1.67%. This is an increase from GQG Partners’s previous Final dividend of $0.03. GQG Partners’s dividend 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.