U.S. Global Investors Continues GROW Dividends
March 23 2020 - 05:33PM
U.S. Global Investors, Inc. (NASDAQ: GROW), a boutique registered
investment advisory firm with longstanding experience in global
markets and specialized sectors, will continue its payment of
monthly dividends for the fourth fiscal quarter of 2020.
The company’s board of directors approved payment of the $0.0025
per share per month dividend beginning in April 2020 and continuing
through June 2020. The record dates are April 13, May 11 and June
29, 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 11 years. At the March 20, 2020, closing
price of $0.86, the $0.0025 monthly dividend equals a 3.50 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 50 years
when it began as an investment club. Today, U.S. Global Investors,
Inc. (www.usfunds.com) is a registered investment adviser 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, U.S. Global ETFs and other
international clients.
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Joseph Guyer
U.S. Global Investors, Inc.
210.308.1221
jguyer@usfunds.com
US Global Investors (NASDAQ:GROW)
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