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

U.S. Global Investors, Inc. (NASDAQ:GROW) declared a monthly dividend on Monday, September 22nd. Shareholders of record on Tuesday, October 14th will be given a dividend of 0.0075 per share by the asset manager on Monday, October 27th. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date of this dividend is Tuesday, October 14th.

U.S. Global Investors Stock Performance

Shares of NASDAQ GROW traded up $0.04 during mid-day trading on Tuesday, hitting $2.62. The stock had a trading volume of 35,863 shares, compared to its average volume of 28,593. U.S. Global Investors has a 1 year low of $2.02 and a 1 year high of $2.68. The business has a 50 day moving average price of $2.45 and a two-hundred day moving average price of $2.33. The firm has a market cap of $33.96 million, a P/E ratio of -65.88 and a beta of 1.20.

U.S. Global Investors (NASDAQ:GROW) last issued its earnings results on Monday, September 8th. The asset manager reported ($0.02) EPS for the quarter. U.S. Global Investors had a negative return on equity of 0.71% and a negative net margin of 3.95%.The firm had revenue of $1.96 million during the quarter.

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.