U.S. Global Investors, Inc. (NASDAQ:GROW – Get Free Report) announced a monthly dividend on Tuesday, March 18th, Wall Street Journal reports. Shareholders of record on Monday, June 16th will be paid a dividend of 0.0075 per share by the asset manager on Monday, June 30th. This represents a $0.09 annualized dividend and a yield of 4.05%. The ex-dividend date of this dividend is Monday, June 16th.
U.S. Global Investors has raised its dividend payment by an average of 10.1% per year over the last three years.
U.S. Global Investors Stock Performance
NASDAQ:GROW opened at $2.22 on Wednesday. The firm has a market cap of $29.64 million, a PE ratio of 74.02 and a beta of 1.80. U.S. Global Investors has a fifty-two week low of $2.20 and a fifty-two week high of $2.95. The business has a 50 day moving average price of $2.40 and a 200-day moving average price of $2.45.
Analyst Upgrades and Downgrades
Separately, StockNews.com began coverage on U.S. Global Investors in a research note on Wednesday, March 12th. They set a “hold” rating for the company.
Check Out Our Latest Research Report on GROW
About U.S. Global Investors
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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