U.S. Global Investors (NASDAQ:GROW) Coverage Initiated at StockNews.com

Posted by Casey Walker on Jan 2nd, 2025

StockNews.com began coverage on shares of U.S. Global Investors (NASDAQ:GROW – Free Report) in a research note issued to investors on Monday. The brokerage issued a hold rating on the asset manager’s stock.

U.S. Global Investors Stock Up 0.8 %

U.S. Global Investors stock opened at $2.44 on Monday. U.S. Global Investors has a 52-week low of $2.38 and a 52-week high of $2.95. The company has a market cap of $33.00 million, a P/E ratio of 18.77 and a beta of 1.83. The business has a 50-day simple moving average of $2.44 and a two-hundred day simple moving average of $2.52.

U.S. Global Investors Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Monday, January 27th. Shareholders of record on Monday, January 13th will be given a $0.0075 dividend. The ex-dividend date of this dividend is Monday, January 13th. This represents a $0.09 annualized dividend and a yield of 3.69%. U.S. Global Investors’s payout ratio is presently 69.23%.

About U.S. Global Investors

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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.