Sprott Inc. (NYSE:SII – Get Free Report) announced a quarterly dividend on Tuesday, May 5th. Stockholders of record on Tuesday, May 19th will be given a dividend of 0.40 per share on Wednesday, June 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date is Tuesday, May 19th.
Sprott has increased its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 1 years. Sprott has a payout ratio of 67.8% indicating that its dividend is sufficiently covered by earnings.
Sprott Stock Performance
NYSE:SII opened at $127.00 on Wednesday. The stock has a fifty day moving average price of $145.32 and a 200-day moving average price of $117.04. The company has a market cap of $3.27 billion, a price-to-earnings ratio of 48.85 and a beta of 0.78. Sprott has a fifty-two week low of $51.80 and a fifty-two week high of $169.63.
Sprott Company Profile
Sprott Inc is a Toronto?based alternative asset manager specializing in precious metals, real assets and related investment vehicles. Founded in 1981 by Eric Sprott, the firm has built a reputation for offering physically backed bullion trusts, exchange?traded funds (ETFs), mutual funds and private managed accounts that provide exposure to gold, silver, platinum and other hard assets. Sprott’s product lineup also includes royalty and streaming strategies, which grant investors long?term participation in mining project cash flows without direct operational risk.
In addition to its flagship physical bullion trusts, Sprott offers actively managed equity portfolios that focus on companies engaged in the exploration, development and production of precious metals.
Featured Stories
Receive News & Ratings for Sprott Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott and related companies with MarketBeat.com's FREE daily email newsletter.
