U.S. Global Investors Reports an 89% Increase in Net Income Quarter-over-Quarter, Announces Continuation of Monthly Dividends - Seite 3

At the June 20, 2023, closing price of $2.75, the $0.0075 monthly dividend equals a 3.27% yield on an annualized basis.

The continuation of future cash dividends will be determined by the Board, 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.

Selected Financial Data (unaudited): (dollars in thousands, except per share data)

	Three months ended
	03/31/2023		03/31/2022
Operating Revenues	$3,624		$6,175
Operating Expenses	2,894		3,658
Operating Income	730		2,517
Total Other Income (Loss)	1,216		(3,609	)
Income (Loss) Before Income Taxes	1,946		(1,092	)
Income Tax Expense (Benefit)	306		(246	)
Net Income (Loss)	$1,640		$(846	)
Net income (loss) per share (basic and diluted)	$0.11		$(0.06	)
Avg. common shares outstanding (basic)	14,747,537		15,010,630
Avg. common shares outstanding (diluted)	14,747,637		15,011,582
Avg. assets under management (billions)	$2.5		$4.1