U.S. Global Investors, Inc. (NASDAQ:GROW) Raises Dividend to $0.00 Per Share

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a dividend on Wednesday, September 25th, Fidelity reports. Stockholders of record on Monday, November 11th will be paid a dividend of 0.0025 per share by the asset manager on Monday, November 25th. The ex-dividend date of this dividend is Thursday, November 7th. This is a boost from U.S. Global Investors’s previous dividend of $0.002.

Shares of NASDAQ GROW traded down $0.06 during midday trading on Tuesday, reaching $1.57. 110 shares of the stock were exchanged, compared to its average volume of 41,877. U.S. Global Investors has a twelve month low of $0.92 and a twelve month high of $2.29. The firm has a 50-day simple moving average of $1.96 and a two-hundred day simple moving average of $1.65.

U.S. Global Investors (NASDAQ:GROW) last issued its quarterly earnings data on Thursday, September 5th. The asset manager reported $0.01 EPS for the quarter. The business had revenue of $0.92 million for the quarter. U.S. Global Investors had a negative net margin of 68.90% and a negative return on equity of 14.94%.

A number of equities research analysts have recently commented on the stock. TheStreet raised shares of U.S. Global Investors from a “d+” rating to a “c-” rating in a research note on Thursday, August 29th. Peel Hunt reiterated a “buy” rating on shares of U.S. Global Investors in a research report on Monday, October 28th. Finally, ValuEngine upgraded U.S. Global Investors from a “strong sell” rating to a “sell” rating in a research report on Thursday, October 31st.

About U.S. Global Investors

U.S. Global Investors, Inc is a publicly owned investment manager. The firm primarily provides its services to investment companies. It also provides its services to pooled investment vehicles. The firm manages equity and fixed income mutual funds for its clients. It also manages hedge funds. The firm also manages exchange traded funds.

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Dividend History for U.S. Global Investors (NASDAQ:GROW)

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