Rajiv Jain Purchases 500,000 Shares of GQG Partners (ASX:GQG) Stock

GQG Partners Inc. (ASX:GQG) insider Rajiv Jain purchased 500,000 shares of the stock in a transaction dated Tuesday, September 23rd. The shares were bought at an average cost of A$1.69 per share, for a total transaction of A$845,000.00.

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

• On Friday, September 19th, Rajiv Jain acquired 300,000 shares of GQG Partners stock. The stock was bought at an average price of A$1.68 per share, with a total value of A$504,000.00.
• On Monday, September 22nd, Rajiv Jain acquired 466,348 shares of GQG Partners stock. The shares were bought at an average cost of A$1.67 per share, for a total transaction of A$776,469.42.
• On Wednesday, September 17th, Rajiv Jain bought 300,000 shares of GQG Partners stock. The stock was bought at an average cost of A$1.70 per share, with a total value of A$508,800.00.
• On Thursday, September 18th, Rajiv Jain purchased 279,469 shares of GQG Partners stock. The shares were bought at an average price of A$1.68 per share, with a total value of A$468,948.98.
• On Monday, September 15th, Rajiv Jain purchased 201,827 shares of GQG Partners stock. The shares were purchased at an average cost of A$1.70 per share, for a total transaction of A$343,509.55.
• On Tuesday, September 16th, Rajiv Jain acquired 246,444 shares of GQG Partners stock. The stock was purchased at an average cost of A$1.71 per share, with a total value of A$420,679.91.
• On Thursday, September 11th, Rajiv Jain acquired 300,000 shares of GQG Partners stock. The shares were purchased at an average cost of A$1.71 per share, with a total value of A$512,100.00.
• On Friday, September 5th, Rajiv Jain bought 205,076 shares of GQG Partners stock. The stock was purchased at an average cost of A$1.75 per share, for a total transaction of A$359,293.15.
• On Monday, September 8th, Rajiv Jain purchased 300,000 shares of GQG Partners stock. The shares were purchased at an average cost of A$1.77 per share, with a total value of A$530,700.00.
• On Monday, September 1st, Rajiv Jain acquired 279,160 shares of GQG Partners stock. The stock was acquired at an average price of A$1.75 per share, for a total transaction of A$487,134.20.

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 company has a market cap of $4.41 billion, a P/E ratio of 12.62, a PEG ratio of 0.44 and a beta of 0.85.

GQG Partners Cuts Dividend

The firm also recently disclosed a Interim dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 25th were paid a dividend of $0.039 per share. This represents a dividend yield of 221.0%. The ex-dividend date of this dividend was Tuesday, August 26th. GQG Partners’s dividend payout ratio (DPR) 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.