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

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Monday, June 15th will be paid a dividend of 0.0075 per share by the asset manager on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Monday, June 15th.

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

U.S. Global Investors Price Performance

NASDAQ:GROW traded up $0.05 during trading hours on Friday, reaching $2.96. 21,490 shares of the company traded hands, compared to its average volume of 29,442. The firm’s 50-day moving average is $2.64 and its 200-day moving average is $2.75. The stock has a market cap of $36.70 million, a P/E ratio of 11.39 and a beta of 0.70. U.S. Global Investors has a 1-year low of $2.23 and a 1-year high of $3.65.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “hold (c-)” rating on shares of U.S. Global Investors in a report on Tuesday, June 2nd. One research analyst has rated the stock with a Hold rating, According to MarketBeat, U.S. Global Investors has a consensus rating of “Hold”.

U.S. Global Investors Company Profile

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.