GQG Partners (ASX:GQG) Insider Buys A$359,293.15 in Stock

GQG Partners Inc. (ASX:GQG) insider Rajiv Jain bought 205,076 shares of the stock in a transaction on Friday, September 5th. The shares were acquired at an average cost of A$1.75 per share, for a total transaction of A$359,293.15.

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

• On Monday, September 8th, Rajiv Jain bought 300,000 shares of GQG Partners stock. The shares were acquired at an average cost of A$1.77 per share, for a total transaction of A$530,700.00.
• On Monday, September 1st, Rajiv Jain bought 279,160 shares of GQG Partners stock. The shares were acquired at an average cost of A$1.75 per share, for a total transaction of A$487,134.20.
• On Tuesday, September 2nd, Rajiv Jain bought 406,640 shares of GQG Partners stock. The shares were acquired at an average cost of A$1.77 per share, for a total transaction of A$719,752.80.
• On Wednesday, September 3rd, Rajiv Jain bought 300,000 shares of GQG Partners stock. The shares were acquired at an average cost of A$1.75 per share, for a total transaction of A$524,400.00.
• On Thursday, September 4th, Rajiv Jain bought 182,734 shares of GQG Partners stock. The shares were acquired at an average cost of A$1.76 per share, for a total transaction of A$320,880.90.
• On Thursday, August 28th, Rajiv Jain bought 268,507 shares of GQG Partners stock. The shares were acquired at an average cost of A$1.74 per share, for a total transaction of A$468,276.21.
• On Friday, August 29th, Rajiv Jain bought 271,872 shares of GQG Partners stock. The shares were acquired at an average cost of A$1.76 per share, for a total transaction of A$477,135.36.

GQG Partners Stock 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 PE ratio of 12.62, a price-to-earnings-growth ratio of 0.44 and a beta of 0.85.

GQG Partners Cuts Dividend

The company also recently declared a Interim dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 25th will be given a dividend of $0.039 per share. This represents a dividend yield of 221.0%. The ex-dividend date is Tuesday, August 26th. GQG Partners’s 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.