U.S. Global Investors, Inc. to Issue Monthly Dividend of $0.00 (GROW)

U.S. Global Investors, Inc. (NASDAQ:GROW) declared a monthly dividend on Thursday, December 7th, Wall Street Journal reports. Shareholders of record on Monday, February 12th will be paid a dividend of 0.0025 per share by the asset manager on Monday, February 26th. This represents a $0.03 annualized dividend and a yield of 0.79%. The ex-dividend date of this dividend is Friday, February 9th.

U.S. Global Investors (NASDAQ GROW) traded up $0.40 during midday trading on Thursday, hitting $3.82. 2,038,900 shares of the stock traded hands, compared to its average volume of 235,729. U.S. Global Investors has a twelve month low of $1.25 and a twelve month high of $6.90. The stock has a market capitalization of $44.79, a price-to-earnings ratio of 114.00 and a beta of 0.59.

U.S. Global Investors (NASDAQ:GROW) last posted its quarterly earnings data on Thursday, November 9th. The asset manager reported $0.08 EPS for the quarter. U.S. Global Investors had a net margin of 7.88% and a return on equity of 1.81%. The business had revenue of $1.49 million during the quarter.

Several research analysts have recently commented on the stock. ValuEngine raised shares of U.S. Global Investors from a “hold” rating to a “buy” rating in a research note on Thursday, October 5th. TheStreet raised shares of U.S. Global Investors from a “d+” rating to a “c-” rating in a research note on Monday, November 6th.

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U.S. Global Investors Company Profile

U.S. Global Investors, Inc is an investment advisor. The Company, with principal operations located in San Antonio, Texas, manages three business segments. The Investment Management Services segment, through the United States Global Investors Funds (USGIF), offers offshore clients, and an exchange traded fund (ETF) client, a range of investment management products and services to meet the needs of individual and institutional investors.

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

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