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

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Friday, December 5th. Shareholders 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 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%annually over the last three years.

U.S. Global Investors Price Performance

GROW opened at $3.00 on Friday. The stock’s 50 day simple moving average is $2.61 and its 200 day simple moving average is $2.54. The firm has a market cap of $38.88 million, a price-to-earnings ratio of 50.01 and a beta of 0.64. U.S. Global Investors has a 1 year low of $2.02 and a 1 year high of $3.65.

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

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.