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

GQG Partners Inc. (ASX:GQG) insider Rajiv Jain purchased 150,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The stock was purchased at an average price of A$2.23 ($1.40) per share, with a total value of A$334,650.00 ($210,471.70).

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

• On Tuesday, March 4th, Rajiv Jain purchased 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).
• On Wednesday, December 18th, Rajiv Jain purchased 220,000 shares of GQG Partners stock. The stock was purchased at an average price of A$2.28 ($1.44) per share, with a total value of A$502,480.00 ($316,025.16).
• On Monday, December 16th, Rajiv Jain purchased 110,799 shares of GQG Partners stock. The stock was purchased at an average price of A$2.22 ($1.40) per share, with a total value of A$246,306.18 ($154,909.55).
• On Friday, December 13th, Rajiv Jain purchased 79,871 shares of GQG Partners stock. The stock was purchased at an average price of A$2.28 ($1.44) per share, with a total value of A$182,425.36 ($114,732.93).

GQG Partners Price Performance

The company has a market capitalization of $4.41 billion, a P/E 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 business also recently announced a Final dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 26th will be paid a $0.042 dividend. This is an increase from GQG Partners’s previous Final dividend of $0.03. This represents a yield of 1.67%. The ex-dividend date is Tuesday, February 18th. GQG Partners’s payout ratio is presently 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.