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

U.S. Global Investors, Inc. (NASDAQ:GROWGet Free Report) declared a monthly dividend on Tuesday, March 18th, Wall Street Journal reports. Stockholders of record on Monday, June 16th will be given a dividend of 0.0075 per share by the asset manager on Monday, June 30th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 4.05%. The ex-dividend date is Monday, June 16th.

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

U.S. Global Investors Trading Down 1.3 %

Shares of U.S. Global Investors stock traded down $0.03 during trading hours on Tuesday, reaching $2.22. 8,183 shares of the company’s stock were exchanged, compared to its average volume of 30,554. The company has a 50 day moving average of $2.40 and a two-hundred day moving average of $2.45. U.S. Global Investors has a fifty-two week low of $2.20 and a fifty-two week high of $2.95. The stock has a market cap of $29.64 million, a P/E ratio of 74.02 and a beta of 1.80.

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

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on shares of U.S. Global Investors in a report on Wednesday, March 12th. They issued a “hold” rating on the stock.

View Our Latest Report on GROW

About U.S. Global Investors

(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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