StockNews.com began coverage on shares of U.S. Global Investors (NASDAQ:GROW – Free Report) in a research note issued to investors on Sunday. The brokerage issued a hold rating on the asset manager’s stock.
U.S. Global Investors Stock Up 1.2 %
Shares of GROW stock opened at $2.57 on Friday. U.S. Global Investors has a 52 week low of $2.47 and a 52 week high of $3.11. The firm has a market capitalization of $35.75 million, a PE ratio of 21.42 and a beta of 1.83. The company has a 50 day moving average price of $2.60 and a 200-day moving average price of $2.64.
U.S. Global Investors Dividend Announcement
The firm also recently declared a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Monday, September 16th will be given a dividend of $0.0075 per share. This represents a $0.09 annualized dividend and a dividend yield of 3.50%. The ex-dividend date of this dividend is Monday, September 16th. U.S. Global Investors’s payout ratio is currently 75.00%.
Institutional Trading of U.S. Global Investors
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.
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