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U.S. Global Investors Announces Continuation of Monthly Dividends, Shares Positive Outlook for Gold Equities as Gold Tops $3,000 for the First Time Ever
San Antonio, TX, March 17, 2025 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW), a registered investment advisory firm[1] with expertise in gold mining stocks and the airline industry, is pleased to announce that it will continue its payment of monthly dividends. The Company’s Board of Directors (the “Board”) approved payment of the $0.0075 per share per month dividend beginning in April 2025 and continuing through June 2025. The record dates are April 14, May 12 and June 16, and
About this update from U.s. Global Investors, Inc.
[{"type":"text","content":"San Antonio, TX, March 17, 2025 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (NASDAQ: GROW), a registered investment advisory firm[1] with expertise in gold mining stocks and the airline industry, is pleased to announce that it will continue its payment of monthly dividends.","length":278,"tagName":"p"},{"type":"text","content":"The Company’s Board of Directors (the “Board”) approved payment of the $0.0075 per share per month dividend beginning in April 2025 and continuing through June 2025. The record dates are April 14, May 12 and June 16, and the payment dates will be April 28, May 27 and June 30.","length":276,"tagName":"p"},{"type":"text","content":"At the March 11, 2025, closing price of $2.30, the $0.0075 monthly dividend equals a 3.91% yield on an annualized basis. In addition, the Company’s shareholder yield was 10% as of December 31, 2024.[2] This strong yield reflects the Board’s commitment to delivering value to shareholders through a combination of monthly dividends and share repurchases.","length":353,"tagName":"p"},{"type":"text","content":"Gold Mining Equities Shine in 2025","length":34,"tagName":"p"},{"type":"text","content":"The Company is pleased to report that gold prices have continued their strong uptrend this year, hitting multiple all-time highs in February, supported by robust safe-haven demand and a weaker U.S. dollar. On Friday, March 14, the precious metal topped $3,000 per ounce for the first time ever on trade tensions and bets that interest rates will decrease in the coming months.","length":376,"tagName":"p"},{"type":"text","content":"“We’re very happy with how our gold equity funds have performed so far this year, as President Donald Trump’s tariff temper tantrum rattles markets, contributing to a record-high gold price,” said Frank Holmes, CEO and Chief Investment Officer of U.S. Global Investors. “Gold mining companies are rewarding investors with rising free cash flow (FCF), dividends and strong returns, making them, I believe, a compelling opportunity.”","length":431,"tagName":"p"},{"type":"text","content":"Gold mining equities have been among the best-performing asset classes so far in 2025, outpacing both physical gold and the broader stock market. As of March 7, the NYSE Arca Gold Miners Index returned 22.6% year-to-date, compared to a 10.8% gain for gold bullion and a 1.7% decline in t...