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

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a dividend on Monday, January 13th,investing.com reports. Stockholders 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 dividend 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% annually over the last three years.

U.S. Global Investors Stock Performance

Shares of U.S. Global Investors stock opened at $2.43 on Wednesday. The stock has a 50 day moving average of $2.44 and a 200 day moving average of $2.51. The firm has a market capitalization of $32.87 million, a price-to-earnings ratio of 18.69 and a beta of 1.83. U.S. Global Investors has a fifty-two week low of $2.38 and a fifty-two week high of $2.95.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of U.S. Global Investors in a research note on Wednesday. They set 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.