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

U.S. Global Investors, Inc. (NASDAQ:GROW) declared a dividend on Monday, January 13th,investing.com reports. Investors of record on Tuesday, January 14th will be paid a dividend of 0.0075 per share by the asset manager on Monday, January 27th. This represents a yield of 3.7%. The ex-dividend date is Monday, January 13th.

U.S. Global Investors has raised its dividend by an average of 12.9% annually over the last three years.

U.S. Global Investors Trading Up 0.4 %

Shares of NASDAQ GROW traded up $0.01 during midday trading on Monday, hitting $2.43. The company’s stock had a trading volume of 15,410 shares, compared to its average volume of 13,687. The business’s 50 day moving average is $2.44 and its two-hundred day moving average is $2.51. U.S. Global Investors has a 12-month low of $2.38 and a 12-month high of $2.95. The firm has a market cap of $32.87 million, a P/E ratio of 18.69 and a beta of 1.83.

Analyst Ratings Changes

Separately, StockNews.com began coverage on U.S. Global Investors in a report on Tuesday, January 7th. They set a “hold” rating on the stock.

About U.S. Global Investors

U.S. Global Investors, Inc is a publicly owned investment manager. It primarily provides its services to investment companies. The firm is a large advisory firm, an investment adviser to an investment company which provides portfolio management for investment companies. The firm manages and launches equity/balanced funds, fixed income funds and other funds.