U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Thursday, October 5th, Wall Street Journal reports. Shareholders of record on Monday, October 16th will be given a dividend of 0.0025 per share by the asset manager on Monday, October 30th. This represents a $0.03 annualized dividend and a dividend yield of 1.46%. The ex-dividend date is Friday, October 13th.
Shares of U.S. Global Investors (GROW) opened at 2.06 on Friday. U.S. Global Investors has a 1-year low of $1.25 and a 1-year high of $2.40. The firm has a 50 day moving average price of $1.67 and a 200 day moving average price of $1.49. The firm’s market cap is $31.27 million.
Separately, ValuEngine raised shares of U.S. Global Investors from a “hold” rating to a “buy” rating in a research report on Thursday.
About U.S. Global Investors
U.S. Global Investors, Inc is an investment advisor. The Company, with principal operations located in San Antonio, Texas, manages three business segments. The Investment Management Services segment, through the United States Global Investors Funds (USGIF), offers offshore clients, and an exchange traded fund (ETF) client, a range of investment management products and services to meet the needs of individual and institutional investors.
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