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

U.S. Global Investors, Inc. (NASDAQ:GROW) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Monday, May 11th will be given a dividend of 0.0075 per share by the asset manager on Tuesday, May 26th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date is Monday, May 11th.

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

U.S. Global Investors Stock Performance

GROW stock opened at $2.62 on Friday. The stock has a market capitalization of $33.96 million, a P/E ratio of -262,000.00 and a beta of 0.71. U.S. Global Investors has a 12 month low of $2.13 and a 12 month high of $3.65. The firm has a 50-day moving average price of $2.86 and a 200-day moving average price of $2.72.

U.S. Global Investors (NASDAQ:GROW) last posted its earnings results on Friday, February 20th. The asset manager reported ($0.07) EPS for the quarter. The company had revenue of $2.51 million during the quarter. U.S. Global Investors had a return on equity of 0.22% and a net margin of 1.11%.

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.