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

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Friday, December 5th. Stockholders of record on Monday, February 9th will be given a dividend of 0.0075 per share by the asset manager on Monday, February 23rd. This represents a c) annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Monday, February 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 Stock Down 2.0%

NASDAQ GROW opened at $3.00 on Friday. The stock has a market capitalization of $38.88 million, a P/E ratio of 50.01 and a beta of 0.64. U.S. Global Investors has a 52-week low of $2.02 and a 52-week high of $3.65. The firm has a 50-day moving average price of $2.61 and a 200 day moving average price of $2.54.

U.S. Global Investors (NASDAQ:GROW) last issued its earnings results on Wednesday, November 12th. The asset manager reported $0.12 earnings per share (EPS) for the quarter. U.S. Global Investors had a return on equity of 1.86% and a net margin of 10.04%.The business had revenue of $2.25 million during 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.