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

U.S. Global Investors, Inc. (NASDAQ:GROWGet Free Report) declared a dividend on Saturday, January 11th,investing.com reports. Stockholders of record on Tuesday, January 14th will be given a dividend of 0.0075 per share by the asset manager on Monday, January 27th. This represents a dividend yield of 3.71%. The ex-dividend date is Monday, January 13th.

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

U.S. Global Investors Stock Performance

Shares of NASDAQ:GROW remained flat at $2.42 during midday trading on Friday. The company had a trading volume of 23,633 shares, compared to its average volume of 13,055. U.S. Global Investors has a twelve month low of $2.38 and a twelve month high of $2.95. The firm has a market capitalization of $32.73 million, a PE ratio of 18.62 and a beta of 1.83. The company’s fifty day moving average is $2.44 and its 200 day moving average is $2.51.

Analyst Upgrades and Downgrades

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

Read Our Latest Analysis on U.S. Global Investors

About U.S. Global Investors

(Get Free Report)

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.

Further Reading

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

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