U.S. Global Investors, Inc. (NASDAQ:GROW) Announces Monthly Dividend of $0.01

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Friday, December 6th,NASDAQ Dividends reports. Stockholders of record on Monday, January 13th will be given a dividend of 0.0075 per share by the asset manager on Monday, January 27th. This represents a $0.09 dividend on an annualized basis and a dividend yield of 3.72%. The ex-dividend date of this dividend is Monday, January 13th.

U.S. Global Investors has raised its dividend by an average of 12.9% annually over the last three years.

U.S. Global Investors Stock Performance

Shares of GROW opened at $2.42 on Friday. The firm has a market cap of $32.73 million, a PE ratio of 18.62 and a beta of 1.83. The firm’s 50 day moving average price is $2.44 and its 200 day moving average price is $2.52. U.S. Global Investors has a twelve month low of $2.38 and a twelve month high of $2.95.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on U.S. Global Investors in a report on Tuesday. They set a “hold” rating on the stock.

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.