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

Posted by Jeff Wilder on Sep 15th, 2024

U.S. Global Investors, Inc. (NASDAQ:GROW – Get Free Report) announced a monthly dividend on Monday, June 10th, Wall Street Journal reports. Investors of record on Monday, September 16th will be paid a dividend of 0.0075 per share by the asset manager on Monday, September 30th. This represents a $0.09 annualized dividend and a yield of 3.50%. The ex-dividend date is Monday, September 16th.

U.S. Global Investors has increased its dividend by an average of 44.2% annually over the last three years.

U.S. Global Investors Trading Up 1.0 %

Shares of NASDAQ GROW opened at $2.58 on Friday. U.S. Global Investors has a 12-month low of $2.47 and a 12-month high of $3.11. The company has a market cap of $35.82 million, a PE ratio of 21.46 and a beta of 1.83. The stock has a 50 day simple moving average of $2.59 and a 200-day simple moving average of $2.64.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of U.S. Global Investors in a research note on Monday, September 9th. They set a “hold” rating on the stock.

Get Our Latest Stock Analysis 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.