U.S. Global Investors, Inc. (Nasdaq:
GROW), a boutique registered investment adviser specializing in
natural resources and emerging markets, will continue its payment of
monthly dividends in the third calendar quarter of 2012.
The company’s board of directors approved payment of the
2-cents-per-share monthly dividend beginning in July 2012 and continuing
through September 2012. The record dates are July 9, August 13 and
September 10, and the payment dates will be July 23, August 27 and
September 24.
At the end of this period, the company will have paid monthly dividends
for 64 straight months. At the June 13, 2012, closing price of $4.57,
the 2-cents-per-share monthly dividend equals a 5.3 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.
U.S. Global Investors, Inc. (www.usfunds.com)
is a registered investment adviser that focuses on profitable niche
markets around the world. Headquartered in San Antonio, Texas, the
company provides advisory, transfer agency and other services to U.S.
Global Investors Funds and other clients.
With an average of $1.97 billion in assets under management in the
quarter ended March 31, 2012, U.S. Global Investors manages domestic and
offshore funds offering a variety of investment options, from emerging
markets to money markets.
