U.S. Global Investors (GROW) Declares $0.00 Monthly Dividend

U.S. Global Investors (NASDAQ:GROW) announced a monthly dividend on Tuesday, March 27th, Wall Street Journal reports. Investors of record on Monday, April 16th will be given a dividend of 0.0025 per share by the asset manager on Monday, April 30th. This represents a $0.03 annualized dividend and a yield of 1.17%. The ex-dividend date of this dividend is Friday, April 13th.

U.S. Global Investors stock opened at $2.57 on Friday. The company has a market capitalization of $38.91, a P/E ratio of 32.13 and a beta of 0.71. U.S. Global Investors has a 12-month low of $1.25 and a 12-month high of $7.49.

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U.S. Global Investors (NASDAQ:GROW) last released its earnings results on Wednesday, February 14th. The asset manager reported $0.05 earnings per share (EPS) for the quarter. The company had revenue of $1.99 million during the quarter. U.S. Global Investors had a net margin of 18.65% and a return on equity of 4.00%.

Separately, ValuEngine lowered shares of U.S. Global Investors from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd.

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U.S. Global Investors Company Profile

U.S. Global Investors, Inc is a publicly owned investment manager. The firm primarily provides its services to investment companies. It also provides its services to pooled investment vehicles. The firm manages equity and fixed income mutual funds for its clients. It also manages hedge funds. The firm also manages exchange traded funds.

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

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