GQG Partners Inc. (ASX:GQG) Insider Acquires A$502,480.00 in Stock

GQG Partners Inc. (ASX:GQG) insider Rajiv Jain bought 220,000 shares of the stock in a transaction that occurred on Wednesday, December 18th. The stock was bought at an average cost of A$2.28 ($1.43) per share, for a total transaction of A$502,480.00 ($314,050.00).

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

• On Monday, December 16th, Rajiv Jain purchased 110,799 shares of GQG Partners stock. The stock was bought at an average cost of A$2.22 ($1.39) per share, for a total transaction of A$246,306.18 ($153,941.36).
• On Friday, December 13th, Rajiv Jain acquired 79,871 shares of GQG Partners stock. The shares were bought at an average cost of A$2.28 ($1.43) per share, with a total value of A$182,425.36 ($114,015.85).

GQG Partners Price Performance

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

GQG Partners Increases Dividend

The company also recently disclosed a Interim dividend, which was paid on Thursday, December 19th. Investors of record on Thursday, December 19th were issued a dividend of $0.037 per share. This represents a dividend yield of 1.33%. This is a boost from GQG Partners’s previous Interim dividend of $0.04. The ex-dividend date of this dividend was Monday, November 11th. GQG Partners’s dividend payout ratio (DPR) is currently 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.