U.S. Global Investors Continues GROW Dividends
March 03 2015 - 6:12PM
Business Wire
U.S. Global Investors, Inc. (Nasdaq: GROW), a boutique
registered investment advisory firm specializing in natural
resources, emerging markets, domestic equities and municipal bonds,
will continue its payment of monthly dividends in the second
calendar quarter of 2015.
The company’s board of directors approved payment of the $0.005
per share per month dividend beginning in April 2015 and continuing
through June 2015. The record dates are April 13, May 11 and June
15, and the payment dates will be April 27, May 26 and June 29.
At the end of this period, the company will have paid monthly
dividends for more than seven years. At the March 2, 2015 closing
price of $3.19, the $0.005 monthly dividend equals a 1.88 percent
yield on an annualized basis.
The continuation of future cash dividends will be determined by
U.S. Global’s board of directors, at its sole discretion, after
review of the company's financial performance and other factors,
and is dependent on earnings, operations, capital requirements,
general financial condition of the company and general business
conditions.
About U.S. Global Investors, Inc.
The story of U.S. Global Investors goes back more than 40 years
when it began as an investment club. Today, U.S. Global Investors,
Inc. (www.usfunds.com) is a registered investment advisor that
focuses on niche markets around the world. Headquartered in San
Antonio, Texas, the company provides money management and other
services to U.S. Global Investors Funds and other international
clients.
With an average of $927 million in assets under management in
the quarter ended December 31, 2014, U.S. Global Investors manages
domestic and offshore funds offering a variety of investment
options, from emerging markets to fixed income.
U.S. Global Investors, Inc.Susan Filyk, 210-308-1286Investor
Relationssfilyk@usfunds.com
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