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

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Friday, December 5th. Shareholders of record on Monday, January 12th will be paid a dividend of 0.0075 per share by the asset manager on Monday, January 26th. This represents a c) dividend on an annualized basis and a yield of 3.7%. The ex-dividend date of this dividend is Monday, January 12th.

U.S. Global Investors has increased its dividend by an average of 0.2%annually over the last three years.

U.S. Global Investors Price Performance

U.S. Global Investors stock opened at $2.45 on Friday. U.S. Global Investors has a 1-year low of $2.02 and a 1-year high of $2.78. The company has a market cap of $31.75 million, a PE ratio of 40.84 and a beta of 0.63. The stock’s 50 day moving average price is $2.42 and its 200 day moving average price is $2.48.

U.S. Global Investors (NASDAQ:GROW) last released its quarterly earnings data on Wednesday, November 12th. The asset manager reported $0.12 earnings per share (EPS) for the quarter. U.S. Global Investors had a return on equity of 1.86% and a net margin of 10.04%.The firm had revenue of $2.25 million during the quarter.

About U.S. Global Investors

U.S. Global Investors, Inc is an independent asset management firm that specializes in natural resource and global equity investing. The company focuses on sectors such as precious metals, energy, agriculture and emerging markets, seeking long-term capital appreciation for individual and institutional investors. Its investment strategies are built around thematic, research-driven approaches that aim to capture opportunities across commodity cycles and global economic trends.

The firm offers a range of investment products, including open-end mutual funds, closed-end funds, exchange-traded funds and separately managed accounts.