StockNews.com started coverage on shares of U.S. Global Investors (NASDAQ:GROW – Free Report) in a report released on Sunday. The brokerage issued a hold rating on the asset manager’s stock.
U.S. Global Investors Price Performance
Shares of NASDAQ:GROW opened at $2.43 on Friday. The company’s 50 day simple moving average is $2.44 and its 200 day simple moving average is $2.53. The stock has a market capitalization of $32.87 million, a price-to-earnings ratio of 18.69 and a beta of 1.83. U.S. Global Investors has a 1 year low of $2.38 and a 1 year high of $3.05.
U.S. Global Investors Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Monday, January 27th. Shareholders of record on Monday, January 13th will be paid a dividend of $0.0075 per share. This represents a $0.09 annualized dividend and a yield of 3.70%. The ex-dividend date is Monday, January 13th. U.S. Global Investors’s payout ratio is 69.23%.
About U.S. Global Investors
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.
See Also
- Five stocks we like better than U.S. Global Investors
- Why Are These Companies Considered Blue Chips?
- 5 Reasons DraftKings Stock Looks Promising in the New Year
- What Do S&P 500 Stocks Tell Investors About the Market?
- Cybersecurity Stocks: 1 Immediate Buy and 1 Dip Opportunity
- Airline Stocks – Top Airline Stocks to Buy Now
- The Next 2 AI Winners Have Triple-Digit Upside Potential
Receive News & Ratings for U.S. Global Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Global Investors and related companies with MarketBeat.com's FREE daily email newsletter.
