GQG Partners' Australia shares hit record high on full-year results

GQG Partners

16/02/2024 01:17

** ASX-listed shares of GQG Partners  GQG.AX  jump as much
as 9.9% to a record high of A$2.34 
    ** Stock on track for biggest daily gain since Nov 11, 2022,
if current trend holds 
    ** Global investment firm posts 2023 net income after tax of
$282.5 mln vs $237.9 mln recorded in previous year
    ** Says closing funds under management (FUM) $120.6 bln, as
at December 2023, vs $88.0 bln as at December 2022
    ** Announces FY dividend of 0.09552 cents per share, higher
than 0.08024 paid in previous year
    ** More than 2.9 mln shares change hands, twice the 30-day
average volume

 (Reporting by Poonam Behura in Bengaluru)
 ((Poonam.Behura@thomsonreuters.com;))