U.S. Global Investors boosts dividend payouts, highlights gold sector's robust performance
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U.S. Global Investors (NASDAQ:GROW) is increasing its dividend payouts, driven by strong performance in its gold equity funds. CEO Frank Holmes expressed satisfaction with the gold sector's performance, highlighting rising free cash flow, dividends, and strong returns from gold mining companies.
March 17, 2025 | 3:45 pm
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U.S. Global Investors is increasing its dividend payouts due to strong performance in its gold equity funds. The CEO highlighted the robust returns and rising free cash flow in the gold sector.
The increase in dividend payouts is a direct result of the strong performance of U.S. Global Investors' gold equity funds. This indicates a positive financial position and confidence in future earnings, likely leading to a short-term positive impact on GROW's stock price.
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IMPORTANCE 80
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