GQG Partners dividend announcement

GQG Partners Inc. (ASX:GQG) has announced a quarterly dividend for the third quarter ending 30 September 2024. The Board of Directors declared a dividend of US$0.0348 per share, equivalent to AUD$0.052968 based on the exchange rate of 0.6570. This dividend represents 90% of the company's estimated distributable earnings for the quarter.

GQG Partners dividend details and outlook

GQG Partners Inc. has declared a third quarter dividend of US$0.0348 per share, translating to AUD$0.052968. This distribution accounts for 90% of the company's distributable earnings for the quarter. With a closing share price of AUD$2.75 on 29 October 2024, the dividend is set to be distributed with key dates including the Ex-Dividend Date on 12 November 2024, Record Date on 13 November 2024, and Cash Payment Date on 20 December 2024. GQG, headquartered in the United States, focuses on active equity portfolio management with assets under management totaling US$161.6 billion as of 30 September 2024. The company serves a diverse global client base, including large pension funds and wealth management firms. Through this dividend declaration, GQG Partners demonstrates its commitment to returning value to shareholders while maintaining a strong financial position.

Executive commentary on dividend declaration

The closing share price on 29 October 2024 was AUD$2.75. Key dates for this dividend include the Ex-Dividend Date on 12 November 2024, Record Date on 13 November 2024, and Cash Payment Date on 20 December 2024.