U.S. Global Investors Announces the Continuation of Monthly GROW Dividends and Expanding Margins with Rising Total Assets Now Over $2.2 Billion - Seite 2

Marketing Uses A.I. to Better Target and Brand ETFs 

“The Company has changed its digital marketing and branding strategy with short educational videos and by using artificial intelligence (AI) to expand our brand name as one of the go-to asset management firm for the airline industry,” Mr. Holmes added. “Marketing has strategically positioned the unique JETS story for the past five years by consistently hosting over 20 educational webinars for both retail investors and registered investment advisors (RIAs). The strategy has been paying off with fund flows.” 

New Data Sets to Track Passengers Flying 

The Investment team at U.S. Global Investors closely tracks data provided by the Transportation Security Administration (TSA) of the daily number of passengers cleared to fly in the U.S. Based on this data, the team believes air travel continues to recover following pandemic-related lockdown measures. The number of travelers during Labor Day hit 935,308, a post-pandemic high and a sharp increase from the low of 87,534 on April 14 date. An increase in air travel could lead to a recovery in airline stocks, boosting the performance of the JETS ETF. 

GROW Continues Monthly Dividends 

The Company’s board of directors approved payment of the $0.0025 per share per month dividend beginning in October 2020 and continuing through December 2020. The record dates are October 12, November 16 and December 14, and the payment dates will be October 26, November 30 and December 28. 

At the September 21, 2020, closing price of $2.61, the $0.0025 monthly dividend equals a 1.15 percent yield on an annualized basis. 

The continuation of future cash dividends will be determined by the Company’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 Company has paid a monthly dividend since June 2007 and management continues to buy back stock. We invite you to stay tuned for the announcement of the date in November for the next earnings webcast for the quarter ended September 30.

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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 money management and other services to U.S. Global Investors Funds and U.S. Global ETFs.