U.S. Global Investors, Inc. (GROW) to Issue Monthly Dividend of $0.01 on May 26th

U.S. Global Investors, Inc. (NASDAQ:GROW) announced a monthly dividend on Monday, March 2nd. Investors of record on Monday, May 11th will be given a dividend of 0.0075 per share by the asset manager on Tuesday, May 26th. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date is Monday, May 11th.

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

U.S. Global Investors Stock Performance

NASDAQ GROW remained flat at $2.62 on Friday. The company had a trading volume of 6,567 shares, compared to its average volume of 21,502. The firm has a market cap of $33.96 million, a price-to-earnings ratio of -262,000.00 and a beta of 0.71. U.S. Global Investors has a 1-year low of $2.13 and a 1-year high of $3.65. The business has a fifty day moving average price of $2.86 and a 200 day moving average price of $2.72.

U.S. Global Investors (NASDAQ:GROW) last posted its quarterly earnings data on Friday, February 20th. The asset manager reported ($0.07) earnings per share for the quarter. The company had revenue of $2.51 million during the quarter. U.S. Global Investors had a net margin of 1.11% and a return on equity of 0.22%.

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.