U.S. Global Investors, Inc. (GROW) To Go Ex-Dividend on June 16th

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Wednesday, March 19th, Wall Street Journal reports. Investors of record on Monday, June 16th will be paid a dividend of 0.0075 per share by the asset manager on Monday, June 30th. This represents a $0.09 annualized dividend and a yield of 3.96%. The ex-dividend date of this dividend is Monday, June 16th.

U.S. Global Investors has raised its dividend by an average of 10.1% per year over the last three years.

U.S. Global Investors Price Performance

Shares of GROW stock opened at $2.27 on Friday. The business’s 50 day simple moving average is $2.39 and its 200 day simple moving average is $2.44. U.S. Global Investors has a one year low of $2.20 and a one year high of $2.95. The stock has a market capitalization of $30.31 million, a PE ratio of 75.69 and a beta of 1.80.

U.S. Global Investors (NASDAQ:GROW) last announced its earnings results on Wednesday, February 12th. The asset manager reported ($0.01) EPS for the quarter. U.S. Global Investors had a net margin of 5.40% and a return on equity of 1.05%.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on U.S. Global Investors in a report on Thursday. They set a “hold” rating on the stock.

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.