U.S. Global Investors Continues Dividends in May

Rhea-AI Summary

U.S. Global Investors, Inc. (GROW) announced its continued monthly dividend payment of $0.0075 for May 2022, authorized through June. The record date was May 9, with a payment date set for May 23. This dividend represents a 1.87% annualized yield based on the closing price of $4.81 on May 18. The Company has a history of over 12 years of consistent monthly dividends. Future dividend payments will be reviewed by the Board, subject to the Company’s financial performance and market conditions.

Positive

• Monthly dividend of $0.0075 continues, demonstrating Company confidence.
• 12+ years of consistent monthly dividends indicates stability.

Negative

• Future dividends depend on financial performance, which may introduce uncertainty.

San Antonio, TX, May 20, 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, continued its payment of monthly dividends in May.

The monthly dividend of $0.0075 is authorized through June 2022 and will be considered for continuation at that time by the Board. The May dividend record date was May 9, and the payment date will be May 23.

The Company has paid a monthly dividend for more than 12 years straight. At the May 18, 2022, closing price of $4.81, the $0.0075 monthly dividend equals a 1.87% yield on an annualized basis.

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

To sign up for news and research on a variety of asset classes, from gold to airlines to Bitcoin, please click here.

Follow U.S. Global Investors on Twitter by clicking here.

Subscribe to U.S. Global Investors’ YouTube channel by clicking here.

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.

# # # # #

FAQ

What is the latest dividend amount for GROW?

The latest dividend amount for U.S. Global Investors, Inc. (GROW) is $0.0075.

When will the next dividend payment for GROW be made?

The next dividend payment for GROW will be made on May 23, 2022.

What is the yield of the GROW dividend?

The yield of the GROW dividend is 1.87% on an annualized basis.

How long has GROW been paying dividends?

U.S. Global Investors, Inc. (GROW) has been paying dividends for over 12 years.

What factors determine the continuation of GROW's dividends?

The continuation of GROW's dividends is determined by the Board based on financial performance, earnings, and market conditions.