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

Posted by Alanna Baker on Dec 19th, 2024

U.S. Global Investors, Inc. (NASDAQ:GROW – Get Free Report) announced a monthly dividend on Wednesday, December 18th,Wall Street Journal reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.0075 per share by the asset manager on Monday, March 31st. This represents a $0.09 annualized dividend and a dividend yield of 3.72%. The ex-dividend date is Monday, March 17th.

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

U.S. Global Investors Price Performance

Shares of GROW stock opened at $2.42 on Thursday. The stock’s 50-day moving average price is $2.44 and its 200 day moving average price is $2.53. The stock has a market capitalization of $32.73 million, a PE ratio of 18.62 and a beta of 1.83. U.S. Global Investors has a 52-week low of $2.38 and a 52-week high of $3.05.

Analyst Ratings Changes

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

Check Out Our Latest Stock Report on U.S. Global Investors

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.