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U.S. Global Investors (GROW) declares special dividend of $0.02/share. For shareholders of...

U.S. Global Investors (GROW) declares special dividend of $0.02/share. For shareholders of record Dec. 21. Payable Dec. 31. Ex-div date Dec. 19. The board announced 75% decrease in monthly dividend to $0.005/share from prior dividend of $0.02/share, representing an annual dividend of 1.2%. The board has approved repurchase of common stock worth $2.75M. (PR)
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Comments (1)
  • tjmxxx
    , contributor
    Comments (96) | Send Message
     
    Too little too late. The CEO Frank Holmes, a well known imbecile of the first order, has run the stock from $30+ per share, to its current sad state in less than five years. Mean while he continues to cash fat pay checks and squander his shareholders funds.
    12 Dec 2012, 09:53 AM Reply Like
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