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

U.S. Global Investors, Inc. (NASDAQ:GROW) declared a monthly dividend on Tuesday, September 15th. Investors of record on Monday, October 12th will be given a dividend of 0.0075 per share by the asset manager on Monday, October 26th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date is Friday, October 9th.

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

U.S. Global Investors Stock Performance

Shares of U.S. Global Investors stock opened at $2.98 on Wednesday. U.S. Global Investors has a one year low of $2.23 and a one year high of $3.65. The stock has a 50 day moving average price of $3.06 and a 200-day moving average price of $2.92. The stock has a market cap of $36.65 million, a price-to-earnings ratio of 11.92 and a beta of 0.68.

U.S. Global Investors (NASDAQ:GROW) last issued its quarterly earnings results on Thursday, September 3rd. The asset manager reported ($0.03) earnings per share for the quarter. U.S. Global Investors had a return on equity of 6.70% and a net margin of 29.81%.The business had revenue of $2.73 million during the quarter.

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.