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

U.S. Global Investors, Inc. (NASDAQ:GROW) declared a monthly dividend on Thursday, June 18th. Investors of record on Monday, August 17th will be paid a dividend of 0.0075 per share by the asset manager on Monday, August 31st. This represents a c) annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Monday, August 17th.

U.S. Global Investors has raised its dividend by an average of 0.2%per year over the last three years.

U.S. Global Investors Trading Up 2.0%

U.S. Global Investors stock opened at $3.10 on Friday. The company has a market cap of $38.44 million, a P/E ratio of 11.92 and a beta of 0.70. U.S. Global Investors has a 1-year low of $2.23 and a 1-year high of $3.65. The company has a fifty day simple moving average of $2.67 and a 200 day simple moving average of $2.77.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of U.S. Global Investors from a “hold (c-)” rating to a “hold (c+)” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

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.