U.S. Global Investors Amends Record Date and Payment Date for October Dividend

Rhea-AI Summary

U.S. Global Investors, Inc. (GROW) announced an amendment to its dividend schedule, adjusting the record date for October to October 17 and the payment date to October 31. The dividend dates for November and December remain unchanged, with record dates set for November 14 and December 12, and payment on November 28 and December 27. The Board of Directors will determine future dividends based on financial performance and other critical factors.

Positive

• Timely adjustment of dividend payment dates could enhance shareholder confidence.
• Maintaining consistent dividend dates for November and December ensures predictable income for investors.

Negative

• Future dividends are reliant on the Board's discretion and depend on various financial factors, introducing uncertainty for shareholders.

San Antonio, Texas, Oct. 06, 2022 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW) (the “Company”), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, announced today an amendment to its October 2022 dividend dates. The new October record date is October 17, and the new payment date is October 31.

The November and December 2022 dividend dates remain the same. The dividend record dates are November 14 and December 12, and the payment dates are November 28 and December 27.

The continuation of future cash dividends will be determined by the 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.

For any additional questions, please email info@usfunds.com.

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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.

FAQ

What are the new dividend dates for GROW in October 2022?

The new record date for the October dividend is October 17, 2022, and the payment date is October 31, 2022.

When are the dividend payment dates for GROW in November and December 2022?

The November dividend payment date is November 28, 2022, and the December payment date is December 27, 2022.

Are future dividends for GROW guaranteed?

Future dividends are determined by the Board of Directors based on financial performance and other factors, so they are not guaranteed.

What factors influence the dividend declarations for GROW?

Dividends are influenced by earnings, operations, capital requirements, and the general financial condition of the company.