U.S. Global Investors Announces Monthly Dividends Amid Rising Travel Spending
U.S. Global Investors (NASDAQ:GROW) announced it will pay a monthly dividend of $0.0075 per share from October through December 2026, with record dates and payout schedules set for each month during that period. The company cited strong travel industry performance as the rationale behind its decision to increase shareholder returns. The firm highlighted data showing rising revenue in the U.S. travel sector despite lower passenger volume compared to previous years. For example, July 2026 saw $122.8 billion in travel spending—a 5.8% year-over-year gain—while airline and hotel operators benefited from higher average fares and ancillary revenues. Frank Holmes, CEO of U.S. Global Investors, noted that the shift toward pricing power rather than volume growth signals a more sustainable trend for the industry. The company tracks these developments through its investment strategies focused on airlines and travel-related sectors.
Topics: dividends revenue growth travel industry