U.S. Global Investors, Inc. to Issue Monthly Dividend of $0.00 (GROW)
U.S. Global Investors, Inc. (NASDAQ:GROW) declared a monthly dividend on Thursday, December 7th, Wall Street Journal reports. Stockholders of record on Monday, March 12th will be given a dividend of 0.0025 per share by the asset manager on Monday, March 26th. This represents a $0.03 dividend on an annualized basis and a dividend yield of 0.79%. The ex-dividend date of this dividend is Friday, March 9th.
U.S. Global Investors (NASDAQ:GROW) traded up $0.40 during midday trading on Thursday, hitting $3.82. 2,038,900 shares of the stock were exchanged, compared to its average volume of 235,729. U.S. Global Investors has a one year low of $1.25 and a one year high of $6.90. The firm has a market cap of $44.79, a P/E ratio of 114.00 and a beta of 0.59.
U.S. Global Investors (NASDAQ:GROW) last issued its earnings results on Thursday, November 9th. The asset manager reported $0.08 earnings per share (EPS) for the quarter. U.S. Global Investors had a return on equity of 1.81% and a net margin of 7.88%. The business had revenue of $1.49 million during the quarter.
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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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