Dividend Coverage: U.S. Global Investors, Inc. (NASDAQ:GROW) expected to pay $0.00 on Oct 24, 2016

Dividend Coverage: U.S. Global Investors, Inc. (NASDAQ:GROW) expected to pay $0.00 on Oct 24, 2016

U.S. Global Investors, Inc. (NASDAQ:GROW) is expected to pay $0.00 on Oct 24, 2016. The indicated annual dividend is $0.03. Shareholders owning the stock before Oct 5, 2016 will be eligible to receive the payout. Based on U.S. Global Investors, Inc.’s current price of $1.81, the dividend is 0.11%. This dividend’s record date is Oct 10, 2016 and the announcement date is Sep 15, 2016. The stock decreased 1.63% or $0.03 on October 3, hitting $1.81. U.S. Global Investors, Inc. (NASDAQ:GROW) has risen 16.13% since March 1, 2016 and is uptrending. It has outperformed by 6.89% the S&P500.

U.S. Global Investors, Inc. is an investment advisor. The company has a market cap of $27.58 million. The Company, with principal activities located in San Antonio, Texas, manages three business divisions. It currently has negative earnings. The Investment Management Services segment, through the United States Global Investors Funds , offers offshore clients, and an exchange traded fund (ETF) client, a range of investment management services and products to meet the needs of individual and institutional investors.

Insitutional Activity: The institutional sentiment decreased to 0.64 in 2016 Q2. Its down 0.18, from 0.82 in 2016Q1. The ratio worsened, as 4 funds sold all U.S. Global Investors, Inc. shares owned while 7 reduced positions. 4 funds bought stakes while 3 increased positions. They now own 5.79 million shares or 7.55% less from 6.26 million shares in 2016Q1.
Raymond James & Assocs last reported 0% of its portfolio in the stock. Moreover, Blackrock Fund Advsr has 0% invested in U.S. Global Investors, Inc. (NASDAQ:GROW) for 3,701 shares. Geode Mgmt Ltd Liability Corp holds 45,139 shares or 0% of its portfolio. Bank Of New York Mellon, a New York-based fund reported 28,629 shares. Jbf Capital Incorporated last reported 1,000 shares in the company. California Employees Retirement System has invested 0% of its portfolio in U.S. Global Investors, Inc. (NASDAQ:GROW). Kcg holds 0% of its portfolio in U.S. Global Investors, Inc. (NASDAQ:GROW) for 10,686 shares. Wells Fargo & Mn accumulated 1,501 shares or 0% of the stock. Blackrock Advisors Lc reported 4,302 shares or 0% of all its holdings. Northern Trust accumulated 19,747 shares or 0% of the stock. The Pennsylvania-based Vanguard Grp Inc Incorporated Inc has invested 0% in U.S. Global Investors, Inc. (NASDAQ:GROW). Fincl Invest Group accumulated 2.55 million shares or 1.32% of the stock. Renaissance Techs Lc last reported 132,600 shares in the company. Raffles Associate Limited Partnership holds 0.04% or 25,001 shares in its portfolio. Moreover, National Bank Of America De has 0% invested in U.S. Global Investors, Inc. (NASDAQ:GROW) for 17 shares.

Insider Transactions: Since April 7, 2016, the stock had 19 buys, and 0 insider sales for $35,033 net activity. 1,134 shares were bought by HOLMES FRANK E, worth $2,136 on Friday, September 9.

More recent U.S. Global Investors, Inc. (NASDAQ:GROW) news were published by: Globenewswire.com which released: “U.S. Global Investors CEO and Fund Manager Win International Award” on September 29, 2016. Also Globenewswire.com published the news titled: “U.S. Global Investors Continues GROW Dividends in August” on August 12, 2016. Twst.com‘s news article titled: “U.S. Global Investors Inc.: U.S. Global Investors Announces Fiscal Year 2016 …” with publication date: September 08, 2016 was also an interesting one.

GROW Company Profile

U.S. Global Investors, Inc., incorporated on January 29, 1968, is an investment advisor. The Company, with principal activities located in San Antonio, Texas, manages three business divisions: Investment Management Services, Investment Management Services-Canada and Corporate Investments. The Investment Management Services segment, through the United States Global Investors Funds (USGIF), offers offshore clients, and an exchange traded fund (ETF) client, a range of investment management services and products to meet the needs of individual and institutional investors. The Investment Management Services-Canada segment owns a controlling interest in Galileo Global Equity Advisors Inc. (Galileo), a Toronto asset management firm, which offers investment management services and products in Canada. The Corporate Investments segment invests for its own account. As part of its investment management businesses, the Company provides investment advisory services and administrative services to the mutual funds advised by the Company.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment