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

U.S. Global Investors, Inc. (NASDAQ:GROWGet Free Report) announced a monthly dividend on Thursday, June 18th. Stockholders of record on Monday, July 13th will be given a dividend of 0.0075 per share by the asset manager on Monday, July 27th. This represents a c) dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, July 13th.

U.S. Global Investors has raised its dividend payment by an average of 0.2%annually over the last three years.

U.S. Global Investors Stock Performance

NASDAQ:GROW opened at $3.10 on Friday. U.S. Global Investors has a one year low of $2.23 and a one year high of $3.65. The stock has a market cap of $38.44 million, a PE ratio of 11.92 and a beta of 0.70. The stock has a 50 day moving average price of $2.67 and a 200 day moving average price of $2.77.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded U.S. Global Investors from a “hold (c-)” rating to a “hold (c+)” rating in a report on Tuesday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

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 an independent asset management firm that specializes in natural resource and global equity investing. The company focuses on sectors such as precious metals, energy, agriculture and emerging markets, seeking long-term capital appreciation for individual and institutional investors. Its investment strategies are built around thematic, research-driven approaches that aim to capture opportunities across commodity cycles and global economic trends.

The firm offers a range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds and separately managed accounts.

Further Reading

Dividend History for U.S. Global Investors (NASDAQ:GROW)

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