U.S. Global Investors, Inc. (NASDAQ:GROW – Get Free Report) announced a monthly dividend on Wednesday, December 18th, Wall Street Journal reports. Investors 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 dividend on an annualized basis and a dividend yield of 4.03%. The ex-dividend date is Monday, March 17th.
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 Stock Performance
Shares of GROW opened at $2.24 on Friday. The company’s 50 day moving average price is $2.41 and its 200 day moving average price is $2.45. U.S. Global Investors has a 52 week low of $2.20 and a 52 week high of $2.95. The company has a market capitalization of $29.84 million, a PE ratio of 74.52 and a beta of 1.80.
Wall Street Analyst Weigh In
Separately, StockNews.com assumed coverage on shares of U.S. Global Investors in a research note on Wednesday. They issued a “hold” rating for the company.
View Our Latest Stock Analysis on U.S. Global Investors
About U.S. Global Investors
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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