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

U.S. Global Investors, Inc. (NASDAQ:GROWGet Free Report) declared a monthly dividend on Thursday, March 6th, NASDAQ Dividends reports. Shareholders of record on Monday, April 14th will be given a dividend of 0.0075 per share by the asset manager on Monday, April 28th. This represents a $0.09 annualized dividend and a yield of 4.27%. The ex-dividend date is Monday, April 14th.

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

U.S. Global Investors Price Performance

Shares of U.S. Global Investors stock opened at $2.11 on Friday. The stock has a fifty day moving average price of $2.31 and a 200-day moving average price of $2.40. The firm has a market cap of $28.17 million, a PE ratio of 70.36 and a beta of 1.90. U.S. Global Investors has a 1 year low of $2.02 and a 1 year high of $2.84.

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

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of U.S. Global Investors in a report on Saturday, April 5th. They issued a “hold” rating on the stock.

Read Our Latest Stock Analysis on GROW

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.

Further Reading

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

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