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

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a dividend on Monday, January 13th,investing.com reports. Shareholders of record on Tuesday, January 14th will be paid a dividend of 0.0075 per share by the asset manager on Monday, January 27th. This represents a yield of 3.7%. The ex-dividend date is Monday, January 13th.

U.S. Global Investors has increased its dividend by an average of 12.9% per year over the last three years.

U.S. Global Investors Stock Up 0.4 %

Shares of U.S. Global Investors stock traded up $0.01 during trading on Monday, reaching $2.43. The company’s stock had a trading volume of 15,410 shares, compared to its average volume of 13,687. U.S. Global Investors has a 52 week low of $2.38 and a 52 week high of $2.95. The business’s 50-day moving average price is $2.44 and its 200-day moving average price is $2.51. The firm has a market cap of $32.87 million, a PE ratio of 18.69 and a beta of 1.83.

Wall Street Analysts Forecast Growth

Separately, StockNews.com assumed coverage on U.S. Global Investors in a report on Tuesday, January 7th. They issued a “hold” rating for the company.

U.S. Global Investors Company Profile

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.