Insider Buying: GQG Partners Inc. (ASX:GQG) Insider Buys A$334,650.00 in Stock

GQG Partners Inc. (ASX:GQG) insider Rajiv Jain purchased 150,000 shares of GQG Partners stock in a transaction dated Thursday, March 6th. The stock was bought at an average cost of A$2.23 ($1.41) per share, for a total transaction of A$334,650.00 ($211,803.80).

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

• 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, for a total transaction of A$195,567.53 ($123,776.92).
• On Tuesday, March 4th, Rajiv Jain purchased 119,330 shares of GQG Partners stock. The stock was bought at an average cost of A$2.26 ($1.43) per share, for a total transaction of A$269,566.47 ($170,611.69).
• On Wednesday, December 18th, Rajiv Jain acquired 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 acquired 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 acquired 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 company has a current ratio of 1.55, a quick ratio of 4.06 and a debt-to-equity ratio of 29.62. The firm has a market cap of $4.41 billion, a price-to-earnings ratio of 12.62, a P/E/G ratio of 0.44 and a beta of 0.85.

GQG Partners Increases Dividend

The firm also recently disclosed 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. The ex-dividend date is Tuesday, February 18th. This represents a dividend yield of 1.67%. This is a boost from GQG Partners’s previous Final dividend of $0.03. GQG Partners’s payout ratio is 63.16%.

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.