AUS
NZ
UK
CA
USA
IND
The S&P/ASX 200 Index is closing the week on a high note, with a robust session on Friday propelling the benchmark index up by 0.6% to 7,632.8 points in afternoon trade.
Below are three ASX shares that stand out today with notable gains:
GQG Partners Inc (ASX: GQG)
The GQG Partners share price surges over 5% to AU$2.480. Investors showed keen interest in the fund manager's shares following the announcement of its latest quarterly dividend. The GQG Partners board declared total dividends of 3.06 US cents per share, representing approximately 90% of the company's unaudited and estimated first-quarter distributable earnings. This translates to a dividend yield of 1.9% based on the current share price and prevailing exchange rates.
Helloworld Travel Ltd (ASX: HLO)
Helloworld Travel's share price rises by 2.5% to AU$2.50, potentially influenced by a positive broker note from Ord Minnett. The broker upgraded the travel agent's shares to a buy rating with an AU$3.10 price target, citing favorable exposure to segments and age demographics. Ord Minnett anticipates robust dividend yields of over 5% for this year and the next.
Xero Ltd (ASX: XRO)
Xero's share price climbs 2% to AU$126, possibly fueled by a recent broker note. Macquarie analysts maintained their outperform rating on the cloud accounting platform provider's shares, raising the price target to AU$154.60. This adjustment follows Xero's announcement of changes to its Australian subscription plans. Goldman Sachs also responded positively, reaffirming its conviction buy rating and setting a new price target of AU$156.00.
