U.S. Global Investors (NASDAQ:GROW) Coverage Initiated at StockNews.com

StockNews.com began coverage on shares of U.S. Global Investors (NASDAQ:GROWFree Report) in a research report released on Tuesday morning. The brokerage issued a hold rating on the asset manager’s stock.

U.S. Global Investors Price Performance

Shares of NASDAQ:GROW opened at $2.42 on Tuesday. The business’s 50-day moving average is $2.44 and its 200 day moving average is $2.52. U.S. Global Investors has a 1 year low of $2.38 and a 1 year high of $2.95. The firm has a market capitalization of $32.73 million, a P/E ratio of 18.62 and a beta of 1.83.

U.S. Global Investors Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Monday, January 27th. Investors of record on Monday, January 13th will be paid a $0.0075 dividend. This represents a $0.09 dividend on an annualized basis and a yield of 3.72%. The ex-dividend date is Monday, January 13th. U.S. Global Investors’s dividend payout ratio (DPR) is presently 69.23%.

U.S. Global Investors Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for U.S. Global Investors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for U.S. Global Investors and related companies with MarketBeat.com's FREE daily email newsletter.