StockNews.com initiated coverage on shares of U.S. Global Investors (NASDAQ:GROW – Free Report) in a research note published on Thursday morning. The brokerage issued a hold rating on the asset manager’s stock.
U.S. Global Investors Stock Up 1.9 %
Shares of GROW opened at $2.62 on Thursday. U.S. Global Investors has a 12-month low of $2.47 and a 12-month high of $3.18. The business’s fifty day moving average is $2.60 and its 200 day moving average is $2.66. The stock has a market cap of $36.45 million, a P/E ratio of 21.83 and a beta of 1.79.
U.S. Global Investors Dividend Announcement
The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Investors of record on Monday, September 16th will be issued a $0.0075 dividend. This represents a $0.09 annualized dividend and a yield of 3.44%. The ex-dividend date of this dividend is Monday, September 16th. U.S. Global Investors’s dividend payout ratio (DPR) is currently 75.00%.
Institutional Inflows and Outflows
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.
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