U.S. Global Investors Continues GROW Dividends
October 04 2017 - 9:27AM
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 second fiscal quarter of 2018.
The company’s board of directors approved payment of the $0.0025
per share per month dividend beginning in October 2017 and
continuing through December 2017. The record dates are October 16,
November 13 and December 12, and the payment dates will be October
30, November 27 and December 26.
At the end of this period, the company will have paid monthly
dividends for more than 10 years. At the October 3, 2017, closing
price of $2.24, the $0.0025 monthly dividend equals a 1.34 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.
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Attachments:
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/07bf070d-2676-4118-bc3d-648d7ac189c5
Holly Schoenfeldt
U.S. Global Investors, Inc.
210.308.1268
hschoenfeldt@usfunds.com
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