U.S. Global Investors, Inc. (GROW) To Go Ex-Dividend on June 16th

U.S. Global Investors, Inc. (NASDAQ:GROW) declared a monthly dividend on Tuesday, March 18th, Wall Street Journal reports. Shareholders of record on Monday, June 16th will be given a dividend of 0.0075 per share by the asset manager on Monday, June 30th. This represents a $0.09 dividend on an annualized basis and a yield of 3.81%. The ex-dividend date of this dividend is Monday, June 16th.

U.S. Global Investors Price Performance

GROW stock opened at $2.36 on Friday. U.S. Global Investors has a one year low of $2.02 and a one year high of $2.73. The stock has a market cap of $31.02 million, a PE ratio of 78.69 and a beta of 1.41. The firm has a 50 day simple moving average of $2.20 and a two-hundred day simple moving average of $2.32.

U.S. Global Investors (NASDAQ:GROW) last released its quarterly earnings results on Thursday, May 8th. The asset manager reported ($0.03) EPS for the quarter. U.S. Global Investors had a return on equity of 1.05% and a net margin of 5.40%.

Analyst Ratings Changes

Separately, Wall Street Zen initiated coverage on shares of U.S. Global Investors in a research note on Thursday, May 15th. They issued a “hold” rating for the company.

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.