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

U.S. Global Investors, Inc. (NASDAQ:GROW) declared a dividend on Saturday, April 12th, investing.com reports. Shareholders of record on Tuesday, April 15th will be paid a dividend of 0.0075 per share by the asset manager on Monday, April 28th. This represents a yield of 4.31%. The ex-dividend date of this dividend is Monday, April 14th.

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

U.S. Global Investors Stock Up 1.0 %

Shares of U.S. Global Investors stock traded up $0.02 during mid-day trading on Friday, hitting $2.11. The stock had a trading volume of 120,307 shares, compared to its average volume of 31,414. The firm has a market cap of $28.17 million, a P/E ratio of 70.36 and a beta of 1.90. The firm has a 50-day moving average of $2.31 and a two-hundred day moving average of $2.40. U.S. Global Investors has a 12-month low of $2.02 and a 12-month high of $2.84.

U.S. Global Investors (NASDAQ:GROW) last posted its earnings results on Wednesday, February 12th. The asset manager reported ($0.01) EPS 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 began coverage on shares of U.S. Global Investors in a research note on Saturday, April 5th. 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.