U.S. Global Investors Continues GROW Dividends
June 06 2018 - 4:15PM
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 first fiscal quarter of 2019.
The company’s board of directors approved payment of the $0.0025
per share per month dividend beginning in July 2018 and continuing
through September 2018. The record dates are July 16, August 13 and
September 10, and the payment dates will be July 30, August 27 and
September 24.
At the end of this period, the company will have paid monthly
dividends for more than 10 years. At the June 5, 2018, closing
price of $2.31, the $0.0025 monthly dividend equals a 1.30 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.
Holly Schoenfeldt
U.S. Global Investors, Inc.
210.308.1268
hschoenfeldt@usfunds.com
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