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

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Tuesday, September 15th. Investors of record on Monday, October 12th will be paid a dividend of 0.0075 per share by the asset manager on Monday, October 26th. This represents a c) annualized dividend and a yield of 3.0%. The ex-dividend date of this dividend is Friday, October 9th.

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

U.S. Global Investors Trading Up 0.7%

NASDAQ GROW opened at $2.98 on Wednesday. The business has a fifty day simple moving average of $3.06 and a 200 day simple moving average of $2.92. U.S. Global Investors has a 12 month low of $2.23 and a 12 month high of $3.65. The firm has a market capitalization of $36.65 million, a P/E ratio of 11.92 and a beta of 0.68.

U.S. Global Investors (NASDAQ:GROW) last posted its quarterly earnings data on Thursday, September 3rd. The asset manager reported ($0.03) earnings per share (EPS) for the quarter. U.S. Global Investors had a return on equity of 6.70% and a net margin of 29.81%.The firm had revenue of $2.73 million for 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.