U.S. Global Investors Continues GROW Dividends
December 06 2017 - 2:52PM
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 in the third fiscal quarter of 2018.
The company’s board of directors approved payment of the $0.0025
per share per month dividend beginning in January 2018 and
continuing through March 2018. The record dates are January 16,
February 12 and March 12, and the payment dates will be January 29,
February 26 and March 26.
At the end of this period, the company will have paid monthly
dividends for more than 10 years. At the December 5, 2017, closing
price of $3.42, the $0.0025 monthly dividend equals a 0.9 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 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.
# # # # #
Attachments:
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/779c7e87-56b0-4b52-be2d-db7951b8c94b
Holly Schoenfeldt
U.S. Global Investors, Inc.
210.308.1268
hschoenfeldt@usfunds.com
US Global Investors (NASDAQ:GROW)
Historical Stock Chart
From Aug 2024 to Sep 2024
US Global Investors (NASDAQ:GROW)
Historical Stock Chart
From Sep 2023 to Sep 2024