Sprott Focus Trust, Inc. (NASDAQ:FUND) Declares Dividend Increase – $0.15 Per Share

Sprott Focus Trust, Inc. (NASDAQ:FUND) declared a quarterly dividend on Wednesday, September 2nd. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.1503 per share by the financial services provider on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 5.6%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 5.5% increase from Sprott Focus Trust’s previous quarterly dividend of $0.14.

Sprott Focus Trust Trading Up 1.1%

Shares of NASDAQ FUND opened at $10.79 on Thursday. The firm’s 50 day simple moving average is $10.11 and its two-hundred day simple moving average is $9.97. Sprott Focus Trust has a one year low of $7.97 and a one year high of $10.96.

Sprott Focus Trust Company Profile

Sprott Focus Trust, Inc is a closed?end management investment company trading on the Nasdaq under the ticker FUND. Externally managed by Sprott Asset Management LP, the trust offers investors targeted exposure to publicly traded companies that generate revenue through precious metals royalty and streaming agreements. By focusing on this segment, the trust provides a specialized approach to gaining potential income and capital appreciation tied to gold, silver and other base metal production.

The investment strategy centers on assembling a diversified portfolio of royalty and streaming firms with long?life assets, stable cash flow profiles and strong growth outlooks.