U.S. Global Investors, Inc. (GROW) to Issue Dividend of $0.01 on January 27th

U.S. Global Investors, Inc. (NASDAQ:GROW) declared a dividend on Monday, January 13th,investing.com reports. Investors of record on Tuesday, January 14th will be given a dividend of 0.0075 per share by the asset manager on Monday, January 27th. This represents a yield of 3.7%. The ex-dividend date is Monday, January 13th.

U.S. Global Investors has increased its dividend payment by an average of 12.9% per year over the last three years.

U.S. Global Investors Stock Performance

NASDAQ GROW opened at $2.43 on Wednesday. The firm has a market capitalization of $32.87 million, a P/E ratio of 18.69 and a beta of 1.83. The stock has a 50-day simple moving average of $2.44 and a two-hundred day simple moving average of $2.51. U.S. Global Investors has a fifty-two week low of $2.38 and a fifty-two week high of $2.95.

Analysts Set New Price Targets

Separately, StockNews.com began coverage on shares of U.S. Global Investors in a report on Wednesday. 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.