U.S. Global Investors, Inc. announced the continuation of its monthly dividend payments, with the Board of Directors approving $0.0075 per share per month from January 2025 through March 2025. The payment dates are scheduled for January 27, February 24, and March 31, with corresponding record dates. This consistent dividend policy underscores the company's commitment to shareholder returns.
Based on the December 13, 2024, closing price of $2.44, the $0.0075 monthly dividend translates to an annualized yield of 3.69%. Furthermore, the company reported a robust shareholder yield of 9.34% as of September 30, 2024. This strong yield reflects a combination of monthly dividends and active share repurchases.
The company's strategy of returning value to shareholders through both dividends and buybacks aims to enhance overall investor returns. This approach is a key component of U.S. Global Investors' capital allocation strategy. The continued dividend payments provide a steady income stream for investors.
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