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
Rhea-AI Summary
U.S. Global Investors (NASDAQ: GROW) has announced the continuation of its monthly dividend program, maintaining payments of $0.0075 per share from April through June 2025. The dividend represents a 3.91% annualized yield based on the March 11 closing price of $2.30. Record dates are set for April 14, May 12, and June 16, with corresponding payment dates on April 28, May 27, and June 30.
The company reported a strong 10% shareholder yield as of December 31, 2024, reflecting their commitment to shareholder value through dividends and share repurchases. The announcement comes amid a robust gold market, with prices exceeding $3,000 per ounce for the first time. The NYSE Arca Gold Miners Index has shown impressive performance, returning 22.6% year-to-date, outperforming both physical gold (10.8% gain) and the S&P 500 (1.7% decline).
Positive
- Monthly dividend maintained at $0.0075 per share, yielding 3.91% annually
- Strong shareholder yield of 10% through dividends and buybacks
- Gold mining index returned 22.6% YTD, outperforming broader market
- Record gold prices exceeding $3,000 per ounce benefit company's gold funds
Negative
- None.
News Market Reaction – GROW
In the trading session that priced this news, GROW gained 0.67%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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
At the March 11, 2025, closing price of
Gold Mining Equities Shine in 2025
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
“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.”
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
Central banks remain aggressive buyers of gold, with the People’s Bank of China, Turkey, India and Poland all increasing their reserves as part of a broader strategy to diversify away from the dollar.
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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 investment advisory and other services to U.S. Global Investors Funds and U.S. Global ETFs.
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Past performance does not guarantee future results.
This news release may include certain “forward-looking statements” including statements relating to revenues, expenses, and expectations regarding market conditions. These statements involve certain risks and uncertainties. There can be no assurance that such statements will prove accurate and actual results and future events could differ materially from those anticipated in such statements.
The continuation of future cash dividends will be determined by U.S. Global Investors’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.
The NYSE Arca Gold Miners Index is a modified market capitalization weighted index comprised of publicly traded companies involved primarily in the mining for gold and silver. The S&P 500 is widely regarded as the best single gauge of large-cap U.S. equities and serves as the foundation for a wide range of investment products. The index includes 500 leading companies and captures approximately
Shareholder yield is a financial metric that measures the total return a company provides to its shareholders through dividends, share repurchases (buybacks), and debt reduction. It reflects how much cash a company is returning to investors relative to its market value.
Fund portfolios are actively managed, and holdings may change daily. Holdings are reported as of the most recent quarter-end. The following securities mentioned in the press release were held by one or more of U.S. Global Investors Funds as of 12/31/2024: Agnico Eagle Mines Ltd., Wheaton Precious Metals Corp., Royal Gold Inc.
[1] Registration does not imply a certain level of skill or training.
[2] The Company calculates shareholder yield by adding the percentage of change in shares outstanding to the dividend yield for the 12 months ending December 31, 2024. The Company did not have debt; therefore, no debt reduction was included.
Holly Schoenfeldt U.S. Global Investors, Inc. 210.308.1268 hschoenfeldt@usfunds.com