US Global Investors (NASDAQ:GROW) Stock, Quote.Headers.trade-ideas

US Global Investors

US Global Investors Inc is a registered investment advisory firm. The company manages the following business segments: Investment management services; through which the company offers, to U.S. Global Investors Funds (USGIF or the Funds) and exchange-traded fund (ETF) clients, a range of investment management products and services to meet the needs of individual and institutional investors; and Corporate Investments, through which the company invests for its own account in an effort to add growth and value to its cash position. It derives all its revenue from Investment management services.

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With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:


Oracle, ECARX And 3 Stocks To Watch Heading Into Monday

As More Consumers And Investors Seek Alternative Financing, This Company’s Specialty Financing Could Provide Answers

LOAN

MCVT

OXSQ

A wind of change is blowing through the financial industry as more people drift toward nonbank institutions for their borrowing needs.

As More Consumers And Investors Seek Alternative Financing, This Company&#39;s Specialty Financing Could Provide Answers

This Company’s Uplisting Could Be A Catalyst For Further Growth As It Reports Q2 Financial Results

Movers & Shakers

General

NDAQ

Learn more about Mill City Ventures III, Ltd. by gaining access to the latest research report. 

Going public on bigger markets gives private companies a perfect opportunity to generate capital to help further growth, reduce debt, fund research and development (R&amp;D) and take care of other business operations.

This Company&#39;s Uplisting Could Be A Catalyst For Further Growth As It Reports Q2 Financial Results

U.S. Global Investors, Inc. - Class A Common Stock

US Global Investors Inc

GROWTH GOOD ACQUISITION CORP CL A ORD SHS

Grow Capital Inc

GROW SOLUTIONS HLDGS by Grow Solutions Holdings, Inc.

Grow Solutions Holdings Inc

GrowGeneration Corp

GrowLife Inc

GROWN RGUE INTL INC SB VT by Grown Rogue International Inc.

Grown Rogue International Inc

GROWN UP GROUP INVT HLDGS by Grown Up Group Invt Hldgs Ltd.

Grown Up Group Investment Holdings Ltd

Growth DeFi

GROWTH STALK HLDGS CORP by Growth Stalk Holdings Corp

Growth Stalk Holdings Corp

GROWTHPOINT PROP STP SEC by Growthpoint Properties Australia

Growthpoint Properties Australia

GROWTHPOINT PPTYS LTD ORD by Growthpoint Properties Ltd

Growthpoint Properties Ltd

<p>US Global Investors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROW#NASDAQ">GROW</a>) reported $2.59 million in sales this quarter. This is a 28.45 percent decrease over sales of $3.62 million the same period last year.</p>


US Global Investors Q3 Sales $2.59M Down From $3.62M YoY

<p>U.S. Global Investors, Inc. (<a href="https://www.globenewswire.com/Tracker?data=u4WnfcE7czV9jd3RdT1pT-NsI_L_dJhXvO-XjCxFJTw_t0jbhxtP89FArYNIjie2eDRVBI6NVSJU_GODELpA3Q==">NASDAQ</a>: <a href="https://www.globenewswire.com/Tracker?data=s6-9W-gQCLk60g0_GTMP9kclgpXhMNkExXt0_-W-O8dICoz7FR5BuWBaNz0sHTBnryPpR6ZitRnWCnk6s9EdHw==">GROW</a>) (the "Company"), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that it repurchased 102,636 of its own shares in February 2024, at a net cost of approximately $281,000. This represents a substantial increase of nearly 200% from the number of shares purchased the same month a year earlier.</p>
<p>As a reminder, the Board of Directors (the "Board") modified the Company's buyback program in February 2022, increasing the annual limit <a href="https://www.globenewswire.com/Tracker?data=A0eY5AdhpmP3Cp4ytaFGG9mKz_nvhityu6NJDOpjnC3JYG9dQd-IAq8ZoBDiwqOAoVcUqSGH33xuTet8grFUAEnfmtWY0K36rGbdIFTSmPrxlFJlRSLABSRspcyfRL1FxT2eomoHDInT2VYKriHbepdFGARz8nN4dChwiyDDO-FOwqKX_HSduoH2ijRke1Is">from $2.75 million to $5 million.</a> Since March 2022, the Company has bought back around 1 million of its shares.</p>
<p>"U.S. Global Investors is committed to enhancing shareholder value, and buying back our own stock is just one way that demonstrates our strategic approach to capital allocation. It also showcases our confidence in the Company's future prospects," says Frank Holmes, the Company's CEO and Chief Investment Officer. "We believe GROW is deeply undervalued right now, and we will continue buying as small-cap stocks remain under pressure from higher borrowing costs."</p>


Buybacks

U.S. Global Investors Announces An Increase Of Nearly 200% From The Number Of Shares Purchased The Same Month A Year Earlier

<p>Thursday marks the last chance for investors to receive the next  dividend payout from <strong>US Global Investors</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROW#NASDAQ">GROW</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Tuesday that it would pay shareholders a monthly dividend of 0.75 cents per share. On Friday, US Global Investors will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 0.75 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own GROW as of the end of Thursday's session are eligible to receive the 0.75 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on January 22, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p>To stay up-to-date with the companies that are announcing their dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>


Dividends

US Global Investors: Dividend Insights

<p>US Global Investors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROW#NASDAQ">GROW</a>) reported quarterly losses of $(0.01) per share. This is a 200 percent decrease over earnings of $0.01 per share from the same period last year.  The company reported $3.13 million in sales this quarter. This is a 28.99 percent decrease over sales of $4.41 million the same period last year.</p>


US Global Investors Q1 EPS $(0.01) Down From $0.01 YoY, Sales $3.13M Down From $4.41M YoY

U.S. Global Investors Receives Expected Nasdaq Notice Regarding Late Filing Of Form 10-K

<p>Wednesday marks the last chance for investors to receive the next  dividend payout from <strong>US Global Investors</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROW#NASDAQ">GROW</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Wednesday that it would pay shareholders a monthly dividend of 0.75 cents per share. On Thursday, US Global Investors will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 0.75 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Thursday. Shareholders who own GROW as of the end of Wednesday's session are eligible to receive the 0.75 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on October 23, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p><a href="https://www.benzinga.com/stock//dividends">Click here</a> to find details on US Global Investors's previous dividends.</p>
<p>To keep track of which companies are distributing dividends, <a href="https://www.benzinga.com/calendars/dividends">click here</a> to visit our Dividends Calendar.  </p>


US Global Investors's Ex-Dividend Date Is Thursday, Here's What You Need To Know

<p>&nbsp;U.S. Global Investors, Inc. (<a href="https://www.globenewswire.com/Tracker?data=RIb5pIFGHmXq4_plbrZkWn_P6G_xNbzpiwVGvsMdL69lHMZ97ZbLuZdXfI3b7h6UIIL_a5CK2HgxDnHopDbmwA==" target="_blank">NASDAQ</a>:&nbsp;<a href="https://www.globenewswire.com/Tracker?data=4vhwyTRzr18F1W5A2FfjAuuEeGkEaiGJKYQEzEhE-g5wAN_0EAah9ujibKZdf1FtI-K472dM_BnI4iqOJSUWXA==" target="_blank">GROW</a>) (the &quot;Company&quot;), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today is pleased to announce that it repurchased 61,989 of its own shares in July 2023, at a net cost of over&nbsp;$196,000. This represents an increase of approximately&nbsp;162%&nbsp;from the number of shares purchased the previous month and a significant&nbsp;951%&nbsp;increase from the same month a year earlier.</p>
<p>The Board of Directors (the &quot;Board&quot;) modified the Company&#39;s buyback program in December 2022, making it possible for the Company to buy back shares of GROW stock when the price is flat or down from the previous trading day.</p>
<p><strong>Continuation of Monthly Dividends</strong></p>
<p>The Board approved payment of the&nbsp;$0.0075&nbsp;per share per month dividend beginning in July 2023 and continuing through September 2023. The record dates are August 14 and September 11, and the payment dates will be August 28 and September 25.</p>
<p>The continuation of future cash dividends will be determined by the Board, at its sole discretion, after review of the Company&#39;s financial performance and other factors, and is dependent on earnings, operations, capital requirements, general financial condition of the Company and general business conditions.</p>
<p><strong>Domestic Airlines&#39; Record-Setting Quarter</strong></p>
<p>On a final note, the Company is excited to share details of the domestic airline industry&#39;s record-setting quarter ended June 30. American Airlines Group Inc. (&quot;American&quot;) and Delta Air Lines Inc. (&quot;Delta&quot;) both reported record revenues during the&nbsp;second quarter&mdash;American with&nbsp;$14.1 billion&nbsp;and Delta with&nbsp;$15.6 billion&mdash;on strong summer travel demand. American raised its full-year 2023 adjusted earnings per share (EPS)&nbsp;guidance&nbsp;to between&nbsp;$3.00&nbsp;and&nbsp;$3.75, while Delta says it will be using its cash flow to pay down a projected&nbsp;$4 billion&nbsp;in debt by year-end.</p>
<p>United Airlines Holdings Inc. (&quot;United&quot;) reported record adjusted EPS of&nbsp;$5.03&nbsp;during the June quarter and raised its 2023&nbsp;guidance&nbsp;to between&nbsp;$11&nbsp;and&nbsp;$12&nbsp;per share, up from previous&nbsp;guidance&nbsp;of between&nbsp;$10&nbsp;and&nbsp;$12. The carrier said that it flew 2,400 scheduled flights per day on average in the&nbsp;second quarter, the most in company history.</p>
<p>&quot;American, Delta and United represent three of the largest holdings in the&nbsp;<strong>U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>),&nbsp;</strong>so we believe the record financial results are highly positive for what remains our largest fund, with approximately&nbsp;$1.8 billion&nbsp;in assets under management (AUM) as of July 31, 2023,&quot; says Frank Holmes, the Company&#39;s CEO and Chief Investment Officer. &quot;Despite higher rates, fears of a recession appear to be receding as the economy continues to defy expectations and consumers continue to spend. Against this optimistic backdrop, airlines are adding new routes and expanding service into additional countries, with United recently announcing the largest-ever network expansion from the U.S. to the South Pacific. For investors who may be seeking a way to gain exposure to this travel boom, I believe JETS to be an excellent choice.&quot;</p>
<p><a href="https://www.globenewswire.com/Tracker?data=gSG7fAA7HYVjwzMcggbLOLSyeVY-bn3h81mo3OmSCmfYRlE9S8rbdE4zibdCVmpAWK2lefnD-DQEDAuCJQQtnO1XGoYG2fRjZwkcWMaEF_-1YZhBmkKR4iXNsf0IEDC6a2MaB-slNCaEaPXqzLc5wUZRuihQJ7bf1VrTHX3CV3cUPBK5Ih2OOB9PgsWn5MnL" target="_blank"><strong>Click here to see the top holdings in JETS.</strong></a>&nbsp;</p>


Insider Trades

JETS

U.S. Global Investors, Inc. Announces That It Repurchased 61,989 Of Its Own Shares In July 2023, At A Net Cost Of Over $196,000

<h3>Gainers</h3>
<ul>
<li><strong>TOP Finl Gr</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TOP#NASDAQ">TOP</a>) stock moved upwards by 30.0% to $10.14 during Friday's pre-market session. The market value of their outstanding shares is at $355.4 million. The company's, FY earnings came out today. </li>
<li><strong>Bright Health Gr</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BHG#NYSE">BHG</a>) shares increased by 20.6% to $13.17. The market value of their outstanding shares is at $104.7 million. </li>
<li><strong>US Global Investors</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROW#NASDAQ">GROW</a>) stock increased by 5.26% to $3.2. The market value of their outstanding shares is at $46.6 million. </li>
<li><strong>Oscar Health</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSCR#NYSE">OSCR</a>) stock increased by 4.98% to $8.63. The company's market cap stands at $1.8 billion. </li>
<li><strong>MoneyLion</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ML#NYSE">ML</a>) shares rose 4.93% to $13.6. The company's market cap stands at $133.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li><strong>Root</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROOT#NASDAQ">ROOT</a>) shares fell 20.0% to $8.97 during Friday's pre-market session. The market value of their outstanding shares is at $128.2 million. </li>
<li><strong>Marketwise</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKTW#NASDAQ">MKTW</a>) shares declined by 4.53% to $1.9. The company's market cap stands at $67.3 million. </li>
<li><strong>MicroSectors FANG Index -3X Inverse Leveraged ETNs due January 8, 2038</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNGD#NYSE">FNGD</a>) shares fell 3.49% to $9.14. </li>
<li><strong>Granite Point Mortgage</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GPMT#NYSE">GPMT</a>) shares fell 3.46% to $5.31. The market value of their outstanding shares is at $273.6 million. </li>
<li><strong>Trupanion</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRUP#NASDAQ">TRUP</a>) stock declined by 3.38% to $19.78. The company's market cap stands at $815.4 million. </li>
<li><strong>Invesco Mortgage Capital</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IVR#NYSE">IVR</a>) shares declined by 3.02% to $11.57. The market value of their outstanding shares is at $481.8 million.<br />
<strong>See Also:</strong> <a href="http://www.benzinga.com/money/best-financial-services-stocks/" title="www.benzinga.com/money/best-financial-services-stocks/">www.benzinga.com/money/best-financial-services-stocks/</a></li>
</ul>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Movers

FNGD

GPMT

MKTW

OSCR

ROOT

TRUP

11 Financials Stocks Moving In Friday's Pre-Market Session

<p>With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:
<ul>
<li>Wall Street expects <strong> Oracle Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/orcl#NYSE">ORCL</a>) to report quarterly earnings at $1.58 per share on revenue of $13.73 billion after the closing bell. Oracle shares gained 0.1% to $110.00 in after-hours trading.</li>
<li><strong>U.S. Global Investors, Inc. </strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/grow#NYSE">GROW</a>) reported Q2 earnings of 6 cents per share, down from 24 cents in the year-ago period. The company&rsquo;s sales declined to $3.73 million from $6.57 million. US Global Investors shares gained 1.8% to $2.84 in the after-hours trading session.</li>
<li>Analysts expect <strong> Tarena International, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tedu#NASDAQ">TEDU</a>) to post a quarterly loss at $1.93 per share on revenue of $52.89 million after the closing bell. Tarena International shares fell 0.6% to $3.50 in after-hours trading.</li>
</ul>
</p>
<p><em>Check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a> </em>
<ul>
<li><strong>Aptorum Group Limited</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/apm#NYSE">APM</a>) announced voluntary delisting from Euronext Paris. Aptorum shares 0.3% to $3.00 in the after-hours trading session.</li>
<li>Analysts expect <strong> ECARX Holdings Inc. </strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ecx#NASDAQ">ECX</a>) to post a quarterly loss at 14 cents per share on revenue of $111.58 million before the opening bell. ECARX shares fell 0.1% to $7.95 in after-hours trading.</li>
</ul>
</p>
<p>&nbsp;</p>
<p><em>Read This Next: <a href="https://www.benzinga.com/trading-ideas/long-ideas/23/06/32794917/1m-bet-on-this-tech-stock-check-out-these-3-stocks-insiders-are-buying"> $1M Bet On This Tech Stock? Check Out These 3 Stocks Insiders Are Buying </a> </em>
</p>


<p>US Global Investors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROW#NASDAQ">GROW</a>) reported quarterly earnings of $0.06 per share. This is a 75 percent decrease over earnings of $0.24 per share from the same period last year.  The company reported $3.73 million in sales this quarter. This is a 43.29 percent decrease over sales of $6.57 million the same period last year.</p>


US Global Investors Q2 EPS $0.06 Down From $0.24 YoY, Sales $3.73M Down From $6.57M YoY

<p>San Antonio, TX, Feb. 21, 2023 (GLOBE NEWSWIRE) -- U.S. Global Investors, Inc. (<a href="https://www.globenewswire.com/Tracker?data=BmTV-qoroor1XR7Uz3nFdBbH_zoVxWOwd8OXpGKl_9UQUCVy0LBTng50GeBV6QHAnryBpLbLtXAG0NTzpA5Cww==" target="_blank">NASDAQ</a>:&nbsp;<a href="https://www.globenewswire.com/Tracker?data=I9Wyzl6tvEjsD_Wfh2r75uXj90aml0OI3Dllk27TzQ4v682KET2hhMdtIX30EF1z" target="_blank">GROW</a>) (the &quot;Company&quot;), a registered investment advisory firm with longstanding experience in global markets and specialized sectors, today announces that it received a standard notification letter dated February 16, 2023, (the &quot;Nasdaq notice&quot; or &quot;notice&quot;) from the Nasdaq Listing Qualifications Department of Nasdaq notifying the Company that it is no longer in compliance with Nasdaq Listing Rule 5250 (c)(1), which requires timely filing of all required financial reports with the U. S. Securities and Exchange Commission.</p>
<p>The Nasdaq notice has no immediate impact on the listing or trading of the Company&#39;s common stock on the Nasdaq Capital Market.&nbsp;The notice provides that the Company has until April 17, 2023 (that is, 60 calendar days from the date of the Nasdaq notice) to submit to Nasdaq a plan (the &quot;Compliance Plan&quot;), to regain compliance with the Nasdaq Listing Rules. If Nasdaq accepts the Compliance Plan, Nasdaq can grant the Company an exception to extend for an additional 180 calendar days from the extended due date of the Form 10-Q filing date, or August 14, 2023, to regain compliance. The Company is working diligently to file its Form 10-Q.</p>
<p>This announcement is made in compliance with the Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a notification of deficiency.</p>


U.S. Global Investors Receives Expected Nasdaq Notice Regarding Late Filing Of Form 10-Q

<p>Thursday marks the last chance for investors to receive the next  dividend payout from <strong>US Global Investors</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROW#NASDAQ">GROW</a>). </p>
<h3>What's Happening</h3>
<p>The company announced on Wednesday that it would pay shareholders a monthly dividend of 0.75 cents per share. On Friday, US Global Investors will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 0.75 cents lower than it would have opened on any other day.</p>
<p>In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Friday. Shareholders who own GROW as of the end of Thursday's session are eligible to receive the 0.75 cents dividend payout for every share that they own. </p>
<p>According to the company, this dividend will be paid out to shareholders on January 23, 2023. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. </p>
<p>To read more news on US Global Investors <a href="https://www.benzinga.com/stock//">click here</a></p>
<p><a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.  </p>


U.S. Global Investors Announces Renewal Of Buyback Program To Buy Up To $5M Of Common Stock

<p>A wind of change is blowing through the financial industry as more people drift toward nonbank institutions for their borrowing needs.</p>
<p>In 1974, banks&nbsp;<a href="https://www.fdic.gov/analysis/quarterly-banking-profile/fdic-quarterly/2019-vol13-4/fdic-v13n4-3q2019-article1.pdf">controlled</a>&nbsp;the lending industry, holding 62% of the total loans. Almost five decades later, nonbanks&nbsp;<a href="https://www.wsj.com/articles/nonbank-lenders-are-dominating-the-mortgage-market-11624367460?mod=business_lead_pos6">issued</a>&nbsp;68% of all U.S. mortgages.&nbsp;</p>
<p>A report by the&nbsp;<a href="https://www.bis.org/publ/qtrpdf/r_qt2203c.htm#:~:text=Total%20new%20syndicated%20lending%20to,%2C%20left%2Dhand%20panel).">Bank for International Settlements (BIS)</a>&nbsp;indicated that syndicated lending to nonfinancial corporations increased substantially, from less than $300 billion in 1990 to around $4.75 trillion in 2019. Nonbank lending increased from $20 billion to $410 billion per year over the same period.</p>
<h2><strong>Specialty Financing</strong></h2>
<p>These nonbanks&rsquo; ability to meet the need for alternative or specialty financing may be what&rsquo;s driving their increase in lending.</p>
<p>Specialty finance firms make it easier for consumers and small to mid-size businesses to get loans they may find difficult to obtain from traditional banks.</p>
<p>They have easily won the hearts of some customers who were yearning to bypass long bureaucratic processes in favor of more straightforward procedures like completing loan applications and payments digitally with no initial fees and low-interest rates.</p>
<p>Thanks to this financing option, people who do not qualify for a traditional bank loan because of bad credit history are now turning to the alternative lending market for their capital needs.</p>
<p>In this context, companies like <strong>Oxford Square Capital Corp.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/oxsq#NASDAQ">OXSQ</a>), <strong>Mill City Ventures III Ltd.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcvt#NASDAQ">MCVT</a>), <strong>Manhattan Bridge Capital Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/loan#NASDAQ">LOAN</a>), and <strong>U.S. Global Investors</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grow#NASDAQ">GROW</a>) have flourished over recent years.</p>
<h2><strong>Meeting Demand</strong></h2>
<p>As borrowers continue seeking alternative financing sources, <a href="https://www.millcityventures3.com/"><strong>Mill City Ventures III Ltd</strong></a>, a short-term nonbank lending and specialty finance company could be answering this demand with its specialty financing solutions</p>
<p>Founded in January 2006,&nbsp;Mill City specialized in providing bespoke short-term lending solutions to public and private companies facing short-term liquidity issues.&nbsp;</p>
<p>Mill City ordinarily provides nonbank lending and specialty finance to companies and individuals with both collateral and a short-term source of liquidity anticipated to be available by the time the loan matures. The principal specialty finance solutions the company provides are high-interest, short-term lending arrangements.</p>
<p>The loans the company provides typically have maturities of nine months or less and involve a pledge of collateral or, in the case of loans made to companies, personal guarantees by the borrower&rsquo;s principals.</p>
<p>Since commencing short-term nonbank lending operations in January 2020, both the average loan size and weighted interest rate have increased year over year.</p>
<p><a href="https://profiles.smallcapsdaily.com/mcvt/"><img alt="screenshot_2022-11-02_at_5.52.58_pm.png" src="https://www.benzinga.com/files/u240220/screenshot_2022-11-02_at_5.52.58_pm.png" style="height:349px; width:650px" /></a></p>
<h2><strong>Financials</strong></h2>
<p>The company&rsquo;s product offerings could be positively affecting growth, as shown in Mill City&rsquo;s recent&nbsp;<a href="https://www.benzinga.com/pressreleases/22/08/ac28513935/mill-city-ventures-iii-ltd-reports-2022-second-quarter-financial-results">financial results</a>&nbsp;for the three- and six-month periods that ended June 30, which could be good news for investors.</p>
<h3><strong>Q2 2022 Highlights</strong></h3>
<ul>
<li>Investment income from lending operations increased 83% to $1.24 million in the three months ended June 30, up from $675,549 in the prior year.&nbsp;</li>
</ul>
<p>For the six-month period, investment income from lending operations was $2.24 million, compared to $1.2 million at the same time a year ago, an 83% increase.</p>
<ul>
<li>Pretax earnings from lending operations increased in the second quarter to $734,250 from $425,393 in the prior year, a 73% increase.&nbsp;</li>
<li>In the six-month period, pretax earnings from lending operations reached $1.2 million compared to $438,377 in the prior year period, a 171% increase.</li>
<li>Shareholder equity increased to $14.4 million on June 30, 2022, from $13.4 million on Dec. 31, 2021.</li>
<li>As of June 30, 2022, the company had $629,572 in cash, compared with $1,936,148 as of Dec. 31, 2021.</li>
</ul>
<p>Featured photo by <a href="https://www.shutterstock.com/g/Kritchanut">Atstock Productions</a> on&nbsp; <a href="https://www.shutterstock.com/image-photo/close-businessman-hand-giving-money-russian-687049846">Shutterstock</a></p>
<p><em>This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.</em></p>


As More Consumers And Investors Seek Alternative Financing, This Company's Specialty Financing Could Provide Answers

<p><a href="https://profiles.smallcapsdaily.com/mcvt/">Learn more about Mill City Ventures III, Ltd. by gaining access to the latest research report.&nbsp;</a></p>
<p>Going public on bigger markets gives private companies a perfect opportunity to generate capital to help further growth, reduce debt, fund research and development (R&amp;D) and take care of other business operations.</p>
<p>Apart from the financial upside, the company can also benefit from increased public awareness because an uplist tends to generate publicity that attracts new customers, subsequently increasing market share.</p>
<p>On Aug. 10, <strong>Mill City Ventures III Ltd.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcvt#NASDAQ">MCVT</a>), a nonbank lender and specialty finance company, joined <strong>Manhattan Bridge Capital Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/loan#NASDAQ">LOAN</a>), <strong>Oxford Square Capital Corp. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/oxsq#NASDAQ">OXSQ</a>), and <strong>U.S. Global Investors Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grow#NASDAQ">GROW</a>), which have moved to the <strong>Nasdaq</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ndaq#NASDAQ">NDAQ</a>) stock market.</p>
<p>Founded in January 2006, <a href="https://www.millcityventures3.com/">Mill City</a> is a nonbank specialty finance firm specializing in investments in debt and equity securities of public and private companies to fund operations facing short-term liquidity issues.</p>
<h2><strong>Before Commencing Trading On Nasdaq</strong></h2>
<p>Before it began trading on the Nasdaq Capital Market (Nasdaq), the company&nbsp;<a href="https://www.benzinga.com/news/22/08/28424175/mill-city-ventures-iii-ltd-announces-pricing-of-5-million-public-offering-to-trade-on-nasdaq-capital">revealed</a>&nbsp;the pricing of its underwritten public offering &mdash; 1.25 million shares of common stock at a public offering price of $4 per share for aggregate gross proceeds of $5 million before underwriting discounts and commissions, and other company offering expenses.</p>
<p>In addition, the company granted the underwriters a 45-day option to purchase up to 187,500 additional shares of common stock at the offering price, less the underwriting discount.</p>
<h2><strong>SEC Filling</strong></h2>
<p>In its filing with the U.S. Securities and Exchange Commission (SEC), Mill City identified several criteria it believes are important guidelines to meet its financial objectives. They include:</p>
<h3><strong>Existing Liquidity Source</strong></h3>
<p>The company noted that because most of its transactions involve short-term maturities, it typically seeks to identify a liquidity source for the borrower to repay them.</p>
<p>Examples of sources of potential liquidity may include accounts receivable, another valuable asset, or a pending payment such as a tax refund, a litigation judgment, or a settlement payment that is reasonably expected to pay out prior to the maturity of the credit provided.</p>
<h3><strong>Collateral Value</strong></h3>
<p>Mill City said it will generally seek to collateralize the obligations owed to the company.&nbsp;</p>
<p>&ldquo;Our ability to identify valuable collateral is a significant factor in our credit analysis and determination of the attractiveness of a potential transaction,&rdquo; the company said.</p>
<p>&ldquo;This analysis will often involve legal counsel, both to assist in the identification of potential collateral assets and to better understand the ease with which a security interest in the collateral may be granted, perfected and, if necessary, foreclosed upon and the relevant jurisdiction(s) involved.&rdquo;</p>
<h3><strong>Experienced And Capable Management</strong></h3>
<p>Mill City indicated that it would seek businesses with an experienced, knowledgeable and capable management teams in transactions involving business borrowers.</p>
<h3><strong>Competitive Position</strong></h3>
<p>In transactions involving business borrowers, the company said it would seek to invest in transactions with businesses that have developed, or appear poised to develop, a strong competitive position within their respective industry sector or niche.</p>
<h3><strong>Cash Flow</strong></h3>
<p>Finally, in transactions involving business borrowers, Mill City said it would seek to invest in profitable or nearly profitable businesses on an operating cash-flow basis. It will do this principally so that the business&rsquo;s operating cash flow may serve as another source of liquidity from which it may ultimately be repaid.</p>
<p>Read more about the SEC filing <a href="https://www.sec.gov/ix?doc=/Archives/edgar/data/0001425355/000141057822001009/mcvt-20220419xs1.htm">here</a>.</p>
<h2><strong>Strong Financials</strong></h2>
<p>Shortly after going public, Mill City&nbsp;<a href="https://www.benzinga.com/pressreleases/22/08/ac28513935/mill-city-ventures-iii-ltd-reports-2022-second-quarter-financial-results">announced</a>&nbsp;financial results for the three- and six-month periods that ended June 30.</p>
<h3><strong>Q2 2022 Highlights</strong></h3>
<ul>
<li>Investment income from lending operations increased 83% to $1.24 million in the three-month period ended June 30, up from $675,549 in the prior year.&nbsp;</li>
</ul>
<p>For the six-month period, investment income from lending operations was $2.24 million compared to $1.2 million in the prior year period &mdash; an 83% increase.</p>
<ul>
<li>Pretax earnings from lending operations increased in the second quarter to $734,250 from $425,393 in the prior year, a 73% increase.&nbsp;</li>
</ul>
<p>In the six-month period, pretax earnings from lending operations reached $1.2 million compared to $438,377 in the prior year period, a 171% increase.</p>
<ul>
<li>Shareholder equity increased to $14.43 million from $13.41 million on Dec. 31, 2021.</li>
<li>As of June 30, the company had $629,572 in cash, compared with $1,936,148 on Dec. 31, 2021.</li>
</ul>
<p><em>This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.</em></p>
<p>Featured photo by iQoncept on <a href="https://www.shutterstock.com/image-illustration/going-public-stock-market-initial-offering-1346645558">Shutterstock</a></p>


This Company's Uplisting Could Be A Catalyst For Further Growth As It Reports Q2 Financial Results

<p>Cultivating a culture of saving or investing can help guarantee a comfortable financial future.</p>
<p>As simple as it may sound, however, stashing away money or an asset for future profit can be a daunting habit to attain because it usually requires some sacrifice.</p>
<p>As the global economy continues to suffer due to a series of predicaments such as the COVID-19 pandemic, the Russia-Ukraine war and high inflation, investing could help cushion shocks as the economic crisis continues.</p>
<h2><strong>Types Of Investments</strong></h2>
<p>For anyone keen on investing, it might be prudent first to consult a&nbsp;<a href="https://www.millcityventures3.com/">financial advisor</a>&nbsp;to guide and help you figure out which investment type can help meet your financial goals.</p>
<p>The advisor may introduce you to popular investment options such as stocks, bonds, mutual funds, index funds, exchange-traded funds (ETFs) and options.</p>
<p>You can also borrow to invest over the long term &mdash; through margin loans for shares or investment property loans. A margin loan lets you borrow money to invest in shares, ETFs and managed funds.</p>
<p>When it comes to where you could go for such loans, a few names come up &mdash; like <strong>Manhattan Bridge Capital Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/loan#NASDAQ">LOAN</a>), <strong>Oxford Square Capital Corp.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/oxsq#NASDAQ">OXSQ</a>), <strong>U.S. Global Investors Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/grow#NASDAQ">GROW</a>) and <strong>Mill City Ventures III Ltd.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mcvt#NASDAQ">MCVT</a>).</p>
<h2><strong>A Different Kind Of Lender?</strong></h2>
<p>Unlike some other players in the industry, Mill City specializes in investments in debt and equity securities of public and private companies looking to fund operations, whether for starting up, acquiring another company or fuelling growth.</p>
<p>Founded in January 2006, the company reports that it primarily focuses on investing in, lending to and making managerial assistance available to privately held and publicly traded companies.</p>
<p>Over the years, Mill City notes that it has provided non-bank lending and specialty finance to companies and individuals on both a secured and unsecured basis. The primary specialty finance solutions the company offers are high-interest, short-term lending arrangements.</p>
<p>Designed for individuals, business owners, real estate owners, house redevelopers and small business owners, the company&rsquo;s lending arrangements occasionally involve the company obtaining collateral as security for the borrower&rsquo;s repayment of funds.</p>
<p>The loans the company provides typically have maturities ranging from nine to 12 months and may involve a pledge of collateral or, in the case of loans made to companies, personal guarantees by the borrower&rsquo;s principals.</p>
<h2><strong>Nature Of Lending Operations</strong></h2>
<ul>
<li>Non-bank lending and specialty finance</li>
<li>Asset-backed loans</li>
<li>Settled claim purchases</li>
<li>Tax anticipation loans</li>
<li>Real estate bridge loans</li>
<li>Litigation finance</li>
<li>Public market companies</li>
<li>Title loans</li>
<li>Opportunistic acquisitions</li>
<li>Mortgages</li>
</ul>
<p>Since commencing non-bank lending operations in January 2020, its average loan size and weighted rate trajectory have increased year over year. This change resulted from the company&rsquo;s focus on making higher-dollar loans that usually have additional features such as the quality of the borrower and collateral levels.</p>
<h2><strong>Key Investment Considerations</strong></h2>
<ul>
<li>Management has experience in entrepreneurial ventures and finance.</li>
<li>The company is not subject to many of the regulatory limitations that govern other traditional lenders or institutional competitors.</li>
<li>Mill City runs on lean operating costs, which allows for greater income statement leverage.</li>
<li>Management continually focuses on moving the blended portfolio returns up and to the right in the context of proper risk mitigation.</li>
<li>The company takes advantage of inorganic growth opportunities in the market through complementary and accretive acquisitions.</li>
</ul>
<p>For a bespoke lender that provides custom and tailored lending to meet a customer&rsquo;s needs, Mill City could have an advantage over competitors, with a significant driver being that it is not subject to many of the regulatory limitations that govern traditional lenders or institutional competitors.</p>
<p>Read more about Mill City Ventures at <a href="https://www.millcityventures3.com/">millcityventures3.com</a>.</p>
<p><em>This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice.</em></p>
<p>Featured Photo by <a href="https://www.shutterstock.com/g/Tinnakorn++jorruang">Tinnakorn jorruang</a> on <a href="https://www.shutterstock.com/image-photo/cbd-hemp-oil-hand-holding-bottle-1478305652">Shutterstock</a></p>


Fintech news covering the emerging Financial Technology services sector

Fintech

Is This Company Outpacing The Competition As The Best Place For Loans And Investments?

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Shares of several companies in the financials sector are trading lower following greater-than-expected August CPI data, which could lead to further Fed rate hikes. A rise in short-term yields has pressured lenders.

<p>US Global Investors (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GROW#NASDAQ">GROW</a>) reported $6.17 million in sales this quarter. This is a 2.83 percent decrease over sales of $6.36 million the same period last year.</p>


US Global Investors Q3 Sales $6.17M Down From $6.36M YoY

U.S. Global Investors Increases Share Buyback Program From $2.75M To $5M

U.S. Global Investors declares $0.0075 dividend

This week, several dividend stocks are trading close to their 52-week lows. Here is a list of ten such stocks that are also reaching their ex-divid...

Ex-Dividend Date Nearing for These 10 Stocks – Week of April 1, 2024

U.S. Global Investors goes ex dividend tomorrow

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p><strong>US Global Investors</strong> (NASDAQ:<span><a href="https://investorplace.com/stock-quotes/grow-stock-quote/"><strong>GROW</strong></a></span>) just reported results for the third quarter of 2024.</p><ul><li>The company did not report any EPS for the quarter.</li><li>The company reported revenue of $2.59 million.</li></ul><div><p>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</p></div><h3>More From InvestorPlace</h3>
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GROW Stock Earnings: US Global Investors Reported Results for Q3 2024

<p><a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a></p>
<p>For income investors, the only thing that&rsquo;s better than a quarterly dividend payment is a <em>monthly</em> dividend payment. And that consistency of a regular, frequent payout makes monthly <a href="https://investorplace.com/stock-types/dividend-stocks/">dividend stocks</a> so appealing.</p>



<p>Companies that offer a monthly dividend aren&rsquo;t as common as the quarterly dividend companies. While there are hundreds of dividend stocks, only a select 80 pay out on a monthly basis.</p>



<p>Why is that a big deal? It depends on what you&rsquo;re doing with the money.</p>



<p>If you&rsquo;re using your monthly dividend payment as income, then a monthly payout makes sense. You can budget your monthly expenses knowing that you have a regular check coming. It&rsquo;s easier.</p>



<p>If you&rsquo;re investing your dividend payout back into your account, a monthly payout also makes sense. The sooner you get a check, the sooner you can put it into equities and grow your accounts. I would much rather get a smaller dividend check each month so I can put that money to work right away, then wait for a quarterly check.</p>



<p>We&rsquo;re using the Dividend Grader to identify the best monthly dividend stocks you can buy . With rankings determined by the stock&rsquo;s payout, consistency, and payout ratio, the Dividend Grader is an ideal tool to help income investors find the best of the best.</p>



<h2>PennantPark Floating Rate Capital (PFLT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/dividend1600-300x169.jpg" alt="6 Monthly Dividend Stocks to Buy"><div>Source: Shutterstock</div></div><p><strong>PennantPark Floating Rate Capital</strong> (NYSE:<a href="https://investorplace.com/stock-quotes/pflt-stock-quote/"><strong>PFLT</strong></a>) is a business development company, which is a business structure that&rsquo;s ideally suited for monthly dividend stocks. </p>



<p>BDCs are like real estate investment trusts in that they are required to distribute 90% of their income to shareholders.</p>



<p>PennantPark is a Miami-based company that prioritizes investing in companies that are owned by established middle market private equity sponsors.</p>



<p>It currently invests in <a href="https://www.pennantpark.com/selected-investments/">15 companies</a>, including marketing firms, a veterinarian, a health care provider and an insurance company.</p>



<p>PennantPark brought in $19.1 million in income in the first quarter, or 31 cents per share, and pays a monthly dividend yield of 10.8%.</p>



<p>PFLT stock gets &ldquo;B&rdquo; ratings in both the Portfolio Grader and the Dividend Grader.</p>



<h2>Main Street Capital (MAIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/08/dividend-stocks-to-buy-300x169.jpg" alt='dividend stocks: A calculator projecting the word "DIVIDEND" rests on a pile of gold and silver coins.'><div>Source: Shutterstock</div></div><p><strong>Main Street Capital </strong>(NYSE:<a href="https://investorplace.com/stock-quotes/main-stock-quote/"><strong>MAIN</strong></a>) is purely an equity firm. It invests in lower and middle market companies, with its most recent investment being <strong>Heritage Vet Partners</strong>, which it invested <a href="https://www.mainstcapital.com/investors/news-events/press-releases/detail/2683/main-street-announces-follow-on-investment">$25.9 million</a> to help it acquire a Texas mixed animal practice.</p>



<p>Main Street currently has <a href="https://www.mainstcapital.com/portfolio-companies/lower-middle-market">dozens of investments</a> and has supported over 200 companies throughout the course of its business.</p>



<p>The first quarter saw net investment income of $89.8 million and $1.05 per share, up from $80.9 million and $1.02 per share.</p>



<p>MAIN stock provides a monthly dividend yield of 5.8%. It gets an &ldquo;A&rdquo; rating in the Portfolio Grader and a &ldquo;B&rdquo; rating in the Dividend Grader.</p>



<h2>Gladstone Investment Corp. (GAIN)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/02/strong_gains_1600-300x169.png" alt="Sales increase, investment growth or earning and profit rising up, salary or revenue growing, financial prosperity concept, strong businessman investor carry golden money coin walk up rising up graph. stocks to buy"><div>Source: eamesBot / Shutterstock.com</div></div><p><strong>Gladstone Investment Corp.</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/gain-stock-quote/"><strong>GAIN</strong></a>) is another business development company. It has a specialized strategy of investing in mature lower middle market companies that have earnings before interest, taxes, depreciation, and amortization between $4 million and $15 million.</p>



<p>That focused strategy has Gladstone investing in <a href="https://www.gladstoneinvestment.com/portfolio/current-investment-portfolio">24 companies currently</a>, including business and consumer services firms, consumer product companies and manufacturers.</p>



<p>The company saw <a href="https://www.gladstoneinvestment.com/newsroom/press-releases/detail/390/gladstone-investment-corporation-reports-financial-results">total</a> income of $23.6 million in the fourth quarter of fiscal 2024, up 2.5% from a year ago. Net income dropped from $9.7 million and 28 cents per share a year ago to $5.3 million and 15 cents per share, with management attributing the difference to an increase in total expenses, net of credits.</p>



<p>However, GAIN still pays a solid dividend yield of 6.7%. It gets &ldquo;B&rdquo; ratings in the Portfolio Grader and the Dividend Grader.</p>



<h2>Cross Timbers Royalty Trust (CRT)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/growthstocks1600-300x169.png" alt="Coins stack of money on saving, the step of the financial stock market, graph and rows of coins, business investment on a green background, Economy stock market growth of financial recovery. Growth stocks"><div>Source: C H A L N / Shutterstock.com</div></div><p>That brings us to another type of investment that is a popular avenue for monthly dividend stocks. Royalty trusts own the rights to specific assets, like mineral rights or natural gas reserves.</p>



<p>It collects royalties from the companies that are mining those reserves, and then distributes them as monthly dividends that are usually very attractive.</p>



<p><strong>Cross Timbers Royalty Trust</strong>&nbsp;(NYSE:<a href="https://investorplace.com/stock-quotes/crt-stock-quote/"><strong>CRT</strong></a>) was formed in 1991 to convey royalties from <strong>XTO Energy&rsquo;s</strong> ownership of gas properties in the San Juan Basin of New Mexico and oil interests in Texas and Oklahoma.</p>



<p>In 2023, Cross Timbers reported profits of $12.3 million, down slightly from 2022. It paid a <a href="https://crt-crosstimbers.com/wp-content/uploads/2024/04/CRT_annual_2023.pdf">monthly average dividend</a> of 15.3 cents per share, up from 15.2 cents a year ago.</p>



<p>CRT offers a dividend yield of 10.4% &mdash; but keep in mind that as a royalty trust, CRT is a pass-through entity, and shareholders pay federal income taxes on the disbursements.</p>



<p>CRT gets a &ldquo;C&rdquo; rating in the Portfolio Grader and a &ldquo;B&rdquo; rating in the Dividend Grader.</p>



<h2>Gladstone Land Company (GLAD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/dividends-definition-300x169.jpg" alt='The word "dividend" highlighted in a dictionary.'><div>Source: Shutterstock</div></div><p><strong>Gladstone Land Company </strong>(NYSE:<a href="https://investorplace.com/stock-quotes/glad-stock-quote/"><strong>GLAD</strong></a>) is another BDC, but this specializes in farmland. It has operations on the West Coast, in the southeast U.S. and in Texas, New Jersey, Maryland, Michigan, Arizona, Nebraska and Colorado.</p>



<p>Gladstone is actively working to increase its holdings, offering to purchase farms and rent them back to farmers, or to buy properties with farming tenants already in place.</p>



<p>Net income in the first quarter was $7.4 million and 21 cents per share, up from $5.9 million and 17 cents per share in the same quarter a year ago.</p>



<p>Gladstone also increased its distributions to shareholders for the 34th time in 37 quarters, giving investors some security that those dollars will continue to roll in.</p>



<p>GLAD stock provides a dividend yield of 8.9% and gets &ldquo;B&rdquo; ratings in the Portfolio Grader and the Dividend Grader.</p>



<h2>U.S. Global Investors (GROW)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/10/growthstocks_1600_02-300x169.jpg" alt="Hand of woman watering small plant in pot shaped like growing graph representing growth stocks. Sleeper Growth Stocks"><div>Source: Khakimullin Aleksandr / Shutterstock</div></div><p>While it&rsquo;s fun to manage your own investments, there are plenty of companies that will do the job for you. And at least one of them is a good monthly dividend stock.</p>



<p><strong>U.S. Global Investors</strong> (NASDAQ:<a href="https://investorplace.com/stock-quotes/grow-stock-quote/"><strong>GROW</strong></a>) is an investment management company that manages eight no-load mutual funds that focus on emerging markets, precious metals, bonds and domestic funds.</p>



<p>It also has two exchange-traded funds that invest in the airline industry and precious metal miners.</p>



<p>Revenue in what was acknowledged as a challenging first quarter was $2.59 million, down from $3.64 million a year ago. Management noted that borrowing costs continue to be high as the Federal Reserve keeps interest rates higher, but the company also <a href="https://www.usfunds.com/resource/u-s-global-investors-reports-resilient-results-for-a-challenging-march-quarter-expands-brand-in-the-u-k/">repurchased</a> 211,000 shares to provide additional value to shareholders.</p>



<p>GROW stock has a dividend yield of 3.4%, and gets a &ldquo;C&rdquo; rating in the Portfolio Grader and a &ldquo;B&rdquo; rating in the Dividend Grader.</p>



<h2>Permianville Royalty Trust (PVL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/04/dividend-stocks1600-3-300x169.png" alt="Stock market data on digital LED display. A daily market price and quotation of prices chart and candle stick tracking for Forex trading. Financial data on the digital screen as concept. Dividend stocks"><div>Source: Things / Shutterstock.com</div></div><p><strong>Permianville Royalty Trust </strong>(NYSE:<a href="https://investorplace.com/stock-quotes/pvl-stock-quote/"><strong>PVL</strong></a>) is another royalty trust on our list. The company has the right to 80% of profits from the sale of oil and natural gas production from locations in Texas, Louisiana and New Mexico. It also has some assets in the Permian and Haynesville basins.</p>



<p>In April, the company saw sales volumes of 100,185 barrels of oil and 354,556 cubic feet of natural gas. While both of those were significant increases from March, Permianville isn&rsquo;t paying a distribution in May because elevated capital expenses resulted in a deficit of $1.9 million.</p>



<p>Payouts will resume when the deficit, which is now roughly $4.5 million, is cleared.</p>



<p>But when that payout resumes, it will be significant. PVL provides a monthly dividend yield typically of 22.2%. And it gets a &ldquo;C&rdquo; rating in the Portfolio Grader and an &ldquo;A&rdquo; rating in the Dividend Grader.</p>



<p><em>On the date of publication, neither Louis&nbsp;Navellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article.</em></p>
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						<a href="https://investorplace.com/2023/07/elon-musks-project-omega-stuns-silicon-valley-insiders/?cid=MKT738510&amp;eid=MKT771236">Musk&rsquo;s &ldquo;Project Omega&rdquo; May Be Set to Mint New Millionaires. Here&rsquo;s How to Get In.</a>
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						<a href="https://investorplace.com/2021/01/one-percenter-issues-urgent-warning/?cid=MKT499868&amp;eid=MKT793997">It doesn&rsquo;t matter if you have $500 or $5 million. Do this now.</a>
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<p>The post <a href="https://investorplace.com/market360/2024/05/7-monthly-dividend-stocks-for-your-may-buy-list/">7 Monthly Dividend Stocks for Your May Buy List</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.</p>

7 Monthly Dividend Stocks for Your May Buy List

U.S. Global Investors goes ex dividend Monday

U.S. Global Investors raises monthly dividend by 7.1% to  $0.0075/share

Ex-Dividend Date Nearing for These 10 Stocks – Week of July 15, 2024

U.S. Global Investors, Inc. (GROW) Q4 2024 Earnings Call Transcript

CBRL

CSCO

GAIN

GLAD

MAIN

NWFL

PBHC

PDCO

PECO

PFLT

TTEC

VTMX

Press Releases

U.S. Global Investors Announces a Substantial Increase in February's Stock Buybacks Compared to Last Year, Continuation of Monthly Dividends for Past 13 Years

US Global Investors says Costco's Gold Sales are Shaking Up the Market

U.S. Global Investors Announces Merger of Europe-Domiciled Airlines ETF into the Travel UCITS ETF (TRIP), Expanding and Diversifying Investment Opportunities in Global Travel Industry

US Global Investors announces Merger of Europe-Domiciled Airlines ETF into the Travel UCITS ETF

U.S. Global Investors Reports Resilient Results for a Challenging March Quarter, Expands Brand in the U.K.

U.S. Global Investors Maintains Monthly Dividends, Reports Surge in Share Buybacks Amid Record Gold Prices and Optimistic Global Airlines Outlook

U.S. Global Investors Launches Its Airlines JETS ETF on Colombia Securities Exchange, Offering Investors Exposure to $2 Trillion Tourism Industry

Kanen Wealth Management Calls for the Sale of U.S. Global Investors (GROW) to End its Embarrassing Journey as a Public Company

U.S. Global Investors Announces Fiscal Year 2024 Results Webcast

U.S. Global Investors Reports $11 Million Revenue in Fiscal 2024, Repurchasing Over $2 Million in Shares While Generating a Strong Shareholder Yield of 9.41%

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US Global Investors

US Global Investors (GROW) Forecast

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