U.S. Global Investors, Inc. Announces Monthly Dividend of $0.00 (GROW)
U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Thursday, October 5th, Wall Street Journal reports. Shareholders of record on Monday, November 13th will be paid a dividend of 0.0025 per share by the asset manager on Monday, November 27th. This represents a $0.03 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date is Friday, November 10th.
Shares of U.S. Global Investors (GROW) traded down 1.91% during mid-day trading on Thursday, reaching $2.05. 202,705 shares of the company’s stock were exchanged. The company’s 50-day moving average price is $1.63 and its 200 day moving average price is $1.48. The company’s market cap is $31.12 million. U.S. Global Investors has a 52-week low of $1.25 and a 52-week high of $2.40.
Separately, ValuEngine raised shares of U.S. Global Investors from a “hold” rating to a “buy” rating in a report on Thursday.
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About U.S. Global Investors
U.S. Global Investors, Inc is an investment advisor. The Company, with principal operations located in San Antonio, Texas, manages three business segments. The Investment Management Services segment, through the United States Global Investors Funds (USGIF), offers offshore clients, and an exchange traded fund (ETF) client, a range of investment management products and services to meet the needs of individual and institutional investors.
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