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

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Monday, June 10th, Zacks reports. Investors of record on Monday, July 15th will be paid a dividend of 0.007 per share by the asset manager on Monday, July 29th. This represents a $0.08 annualized dividend and a dividend yield of 3.15%. The ex-dividend date of this dividend is Monday, July 15th.

U.S. Global Investors has raised its dividend payment by an average of 44.2% per year over the last three years.

U.S. Global Investors Price Performance

Shares of NASDAQ GROW opened at $2.67 on Friday. The stock has a fifty day moving average price of $2.62 and a 200 day moving average price of $2.69. U.S. Global Investors has a 1-year low of $2.47 and a 1-year high of $3.30. The company has a market cap of $37.14 million, a PE ratio of 22.25 and a beta of 1.79.

Analyst Ratings Changes

Separately, StockNews.com began coverage on U.S. Global Investors in a report on Sunday, July 7th. 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.