U.S. Global Investors, Inc. (GROW) to Issue Monthly Dividend of $0.00
U.S. Global Investors, Inc. (NASDAQ:GROW) declared a monthly dividend on Thursday, October 5th, Wall Street Journal reports. Investors of record on Tuesday, December 12th will be given a dividend of 0.0025 per share by the asset manager on Tuesday, December 26th. This represents a $0.03 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend is Monday, December 11th.
U.S. Global Investors (GROW) traded down 1.91% on Thursday, hitting $2.05. 202,705 shares of the company traded hands. The firm’s 50 day moving average price is $1.63 and its 200 day moving average price is $1.48. U.S. Global Investors has a 1-year low of $1.25 and a 1-year high of $2.40. The firm’s market capitalization is $31.12 million.
Separately, ValuEngine raised U.S. Global Investors from a “hold” rating to a “buy” rating in a research note on Thursday.
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U.S. Global Investors Company Profile
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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