US Global Investors: Dividend Insights
Portfolio Pulse from Benzinga Insights
US Global Investors (NASDAQ:GROW) has announced a monthly dividend of 0.75 cents per share, with Thursday being the last day for investors to be eligible for the next payout. The stock will go ex-dividend on Friday, which will likely result in the stock opening 0.75 cents lower. The dividend is scheduled to be paid on January 22, 2024.
January 02, 2024 | 2:45 pm
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US Global Investors (GROW) will pay a monthly dividend of 0.75 cents per share, with the ex-dividend date set for Friday. The stock is expected to open lower by the dividend amount on that day.
The stock price of GROW is likely to decrease by the amount of the dividend on the ex-dividend date, which is a common occurrence as the stock price adjusts for the payout. This is a short-term impact and is typically priced in by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100