U.S. Global Investors, Inc. Declares Dividend of $0.01 (NASDAQ:GROW)

U.S. Global Investors, Inc. (NASDAQ:GROW) declared a dividend on Saturday, January 11th,investing.com reports. Stockholders of record on Tuesday, January 14th will be given a dividend of 0.0075 per share by the asset manager on Monday, January 27th. This represents a dividend yield of 3.71%. The ex-dividend date is Monday, January 13th.

U.S. Global Investors has raised its dividend by an average of 12.9% per year over the last three years.

U.S. Global Investors Stock Performance

Shares of NASDAQ:GROW remained flat at $2.42 during trading on Friday. The stock had a trading volume of 23,633 shares, compared to its average volume of 13,055. The company has a 50-day moving average price of $2.44 and a 200-day moving average price of $2.51. The firm has a market capitalization of $32.73 million, a price-to-earnings ratio of 18.62 and a beta of 1.83. U.S. Global Investors has a 1-year low of $2.38 and a 1-year high of $2.95.

Analyst Ratings Changes

Separately, StockNews.com began coverage on shares of U.S. Global Investors in a research note on Tuesday. They set a “hold” rating for the company.

U.S. Global Investors Company Profile

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.