UC Asset LP announced today that all dividend checks to shareholders who held free tradable USASU shares by the end of 2021 have been processed and are expected to be mailed out in days. Shareholders should have received their checks before the end of this month. If not, they should contact the company at [email protected].

This applies to all shareholders who purchased UCASU shares from the open market, or those who subscribed UCASU shares through private placements or initial public offering and have deposited their shares at brokerage firms. For shareholders who own shares that are not deposited with brokerage firms, i.e., not held at DTC, UC Asset will process their dividend distribution in the coming weeks.

 “We’re happy with the company’s current growth, but expect to end the year in an even better place,” says Greg Bankston, managing partner of UC Asset. “Particularly, we are building a portfolio that will likely lead to success, even if there may be a recession as many economists have predicted.”

For the year of 2021, UC Asset reported a $0.12 per share net income. This net income, combined with a $0.03 per share net equity increase, will likely lead to a $0.15 per share net equity increase. The $0.12 per share net income represented a 330% net profit growth over the previous year. UCASU reported a 73% operating profit growth for the year of 2021 over the previous year.  UC Asset is distributing $0.10 per share cash dividend, and will reserve the rest of profit to re-invest for continuous growth.

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