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

U.S. Global Investors, Inc. (NASDAQ:GROWGet Free Report) announced a monthly dividend on Thursday, December 19th, Wall Street Journal reports. Stockholders of record on Monday, March 17th will be given a dividend of 0.0075 per share by the asset manager on Monday, March 31st. This represents a $0.09 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date is Monday, March 17th.

U.S. Global Investors has increased its dividend by an average of 10.1% annually over the last three years.

U.S. Global Investors Stock Up 0.2 %

Shares of GROW stock opened at $2.24 on Friday. U.S. Global Investors has a 52-week low of $2.20 and a 52-week high of $2.95. The stock’s 50-day moving average price is $2.41 and its 200 day moving average price is $2.45. The stock has a market capitalization of $29.84 million, a PE ratio of 74.52 and a beta of 1.80.

U.S. Global Investors (NASDAQ:GROWGet Free Report) last issued its quarterly earnings results on Wednesday, February 12th. The asset manager reported ($0.01) earnings per share for the quarter. U.S. Global Investors had a net margin of 5.40% and a return on equity of 1.05%.

Analyst Upgrades and Downgrades

Separately, StockNews.com started coverage on U.S. Global Investors in a report on Wednesday. They set a “hold” rating for the company.

Check Out Our Latest Report on U.S. Global Investors

U.S. Global Investors Company Profile

(Get Free Report)

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.

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Dividend History for U.S. Global Investors (NASDAQ:GROW)

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