U.S. Global Investors, Inc. (GROW) to Distribute Monthly Dividend of $0.01 on September 28th

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Wednesday, June 10th. Investors of record on Monday, September 14th will be paid a dividend of 0.0075 per share by the asset manager on Monday, September 28th. This represents a c) annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Monday, September 14th.

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

U.S. Global Investors Trading Up 0.3%

Shares of GROW opened at $2.91 on Friday. The business’s fifty day simple moving average is $3.06 and its two-hundred day simple moving average is $2.93. U.S. Global Investors has a 12 month low of $2.23 and a 12 month high of $3.65. The company has a market cap of $35.79 million, a price-to-earnings ratio of 11.64 and a beta of 0.68.

U.S. Global Investors (NASDAQ:GROW) last posted its earnings results on Thursday, September 3rd. The asset manager reported ($0.03) EPS for the quarter. U.S. Global Investors had a return on equity of 6.70% and a net margin of 29.81%.The business had revenue of $2.73 million during the quarter.

About U.S. Global Investors

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.