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

Posted by Latisha Jones on Dec 21st, 2024

U.S. Global Investors, Inc. (NASDAQ:GROW – Get Free Report) announced a monthly dividend on Thursday, December 19th,Wall Street Journal reports. Shareholders of record on Monday, March 17th will be given a dividend of 0.0075 per share by the asset manager on Monday, March 31st. This represents a $0.09 annualized dividend and a yield of 3.70%. The ex-dividend date of this dividend is Monday, March 17th.

U.S. Global Investors has raised its dividend payment by an average of 44.2% per year over the last three years.

U.S. Global Investors Stock Performance

GROW stock opened at $2.43 on Friday. U.S. Global Investors has a 1-year low of $2.38 and a 1-year high of $3.05. The business’s 50 day simple moving average is $2.44 and its 200 day simple moving average is $2.53. The firm has a market capitalization of $32.87 million, a PE ratio of 18.69 and a beta of 1.83.

Wall Street Analysts Forecast Growth

Separately, StockNews.com initiated coverage on shares of U.S. Global Investors in a research report on Saturday, December 14th. They issued a “hold” rating on the stock.

Check Out Our Latest Report 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.