U.S. Global Investors, Inc. (GROW) Declares $0.00 Monthly Dividend
U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Thursday, October 5th, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be paid a dividend of 0.0025 per share by the asset manager on Monday, October 30th. This represents a $0.03 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend is Friday, October 13th.
Shares of U.S. Global Investors (NASDAQ GROW) traded down 1.91% during midday trading on Thursday, hitting $2.05. The company’s stock had a trading volume of 202,705 shares. The firm’s market cap is $31.12 million. U.S. Global Investors has a 12-month low of $1.25 and a 12-month high of $2.40. The firm has a 50-day moving average of $1.63 and a 200 day moving average of $1.48.
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Separately, ValuEngine raised U.S. Global Investors from a “hold” rating to a “buy” rating in a research note on Thursday.
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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