U.S. Global Investors (NASDAQ:GROW) Now Covered by StockNews.com

StockNews.com started coverage on shares of U.S. Global Investors (NASDAQ:GROW) in a research note released on Saturday morning. The firm issued a hold rating on the asset manager’s stock.

U.S. Global Investors Trading Up 0.4 %

NASDAQ GROW opened at $2.45 on Friday. The firm has a market cap of $33.15 million, a PE ratio of 18.85 and a beta of 1.82. U.S. Global Investors has a 1-year low of $2.38 and a 1-year high of $2.95. The stock has a 50-day moving average of $2.43 and a 200-day moving average of $2.49.

U.S. Global Investors Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, January 27th. Stockholders of record on Tuesday, January 14th were paid a dividend of $0.0075 per share. This represents a dividend yield of 3.7%. The ex-dividend date of this dividend was Monday, January 13th. U.S. Global Investors’s dividend payout ratio (DPR) is presently 69.24%.

U.S. Global Investors Company Profile

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.