U.S. Global Investors Continues GROW Dividends
March 18 2021 - 3:00PM
U.S. Global Investors, Inc. (NASDAQ: GROW), a registered investment
advisory firm with longstanding experience in global markets and
specialized sectors, will continue its payment of monthly
dividends.
The company’s board of directors approved payment of the $0.0050
per share per month dividend beginning in April 2021 and continuing
through June 2021. The record dates are April 12, May 10 and June
14, and the payment dates will be April 26, May 24 and June 28.
Having paid monthly dividends since June 2007, the Company
recently approved a 100% increase in the monthly dividend from
$0.0025 per share to $0.0050 starting in February 2021.
At the March 17, 2021, closing price of $7.90, the $0.0050
monthly dividend equals a 0.76 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 and U.S. Global ETFs.
Holly Schoenfeldt
U.S. Global Investors
12103081268
hschoenfeldt@usfunds.com
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