Sprott Focus Trust (NASDAQ:FUND) to Issue — Dividend of $0.11

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Sprott Focus Trust (NASDAQ:FUND) declared a — dividend on Monday, September 9th, Wall Street Journal reports. Shareholders of record on Monday, September 16th will be given a dividend of 0.1121 per share by the financial services provider on Friday, September 27th. This represents a yield of 6.8%. The ex-dividend date of this dividend is Friday, September 13th.

Sprott Focus Trust has raised its dividend by an average of 16.1% annually over the last three years.

NASDAQ FUND traded up $0.01 on Thursday, hitting $7.00. The stock had a trading volume of 7,957 shares, compared to its average volume of 54,167. Sprott Focus Trust has a one year low of $5.46 and a one year high of $7.53. The company’s 50-day moving average is $6.69 and its two-hundred day moving average is $6.75.

In other news, insider W Whitney George bought 64,725 shares of the firm’s stock in a transaction on Tuesday, August 6th. The stock was purchased at an average price of $6.67 per share, for a total transaction of $431,715.75. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 36.90% of the stock is currently owned by corporate insiders.

Sprott Focus Trust Company Profile

There is no company description available for Sprott Focus Trust Inc.

See Also: P/E Growth (PEG)

Dividend History for Sprott Focus Trust (NASDAQ:FUND)

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