U.S. Global Investors Continues Monthly GROW Dividend in December
U.S. Global Investors, Inc. (GROW) announced the continuation of its monthly dividends, with a December payment of $0.0075 per share, authorized through March 2022. The dividend yield stands at 2.11% based on the December 20 closing price of $4.26. The record date for the dividend is December 13 and the payment date is December 27. Over the past 12 years, the company has maintained its monthly dividend, increasing it twice in the past year. Future dividends will be reviewed by the Board, depending on financial performance and other conditions.
- Monthly dividend of $0.0075 authorized through March 2022.
- 2.11% annualized yield based on December 20 closing price.
- Company has paid dividends for over 12 years, with two increases in the past calendar year.
- Future dividends depend on Board's discretion and company performance.
San Antonio, TX, Dec. 27, 2021 (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, will continue its payment of monthly dividends in December.
The monthly dividend of
The Company has paid a monthly dividend for more than 12 years straight and has increased its dividend twice in the past calendar year. At the December 20, 2021, closing price of
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.
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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
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