U.S. Global Investors, Inc. (GROW) to Issue Monthly Dividend of $0.01 on February 23rd

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Friday, December 5th. Investors of record on Monday, February 9th will be given a dividend of 0.0075 per share by the asset manager on Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date is Monday, February 9th.

U.S. Global Investors has increased its dividend by an average of 0.2%per year over the last three years.

U.S. Global Investors Trading Down 2.0%

NASDAQ:GROW opened at $3.00 on Friday. U.S. Global Investors has a 12 month low of $2.02 and a 12 month high of $3.65. The firm has a fifty day simple moving average of $2.61 and a two-hundred day simple moving average of $2.54. The stock has a market capitalization of $38.88 million, a price-to-earnings ratio of 50.01 and a beta of 0.64.

U.S. Global Investors (NASDAQ:GROW) last posted its quarterly earnings data on Wednesday, November 12th. The asset manager reported $0.12 EPS for the quarter. U.S. Global Investors had a return on equity of 1.86% and a net margin of 10.04%.The company had revenue of $2.25 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “hold (c)” rating on shares of U.S. Global Investors in a research note on Monday, December 29th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, U.S. Global Investors presently has a consensus rating of “Hold”.

U.S. Global Investors Company Profile

U.S. Global Investors, Inc is an independent asset management firm that specializes in natural resource and global equity investing. The company focuses on sectors such as precious metals, energy, agriculture and emerging markets, seeking long-term capital appreciation for individual and institutional investors. Its investment strategies are built around thematic, research-driven approaches that aim to capture opportunities across commodity cycles and global economic trends.

The firm offers a range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds and separately managed accounts.