Sprott Focus Trust, Inc. Plans Quarterly Dividend of $0.13 (NASDAQ:FUND)

Key Points

• Sprott Focus Trust, Inc. declared a quarterly dividend of $0.13, which represents an annualized yield of 6.2%.
• The SPROTT Focus Trust stock experienced a slight decline of 0.2%, trading at $8.22, with a twelve-month high of $8.27.
• The fund, managed by Sprott Asset Management, focuses on investing in public equity markets across diversified sectors in the United States.

Sprott Focus Trust, Inc. (NASDAQ:FUND - Get Free Report) declared a quarterly dividend on Wednesday, September 3rd, RTT News reports. Stockholders of record on Monday, September 15th will be paid a dividend of 0.1274 per share by the financial services provider on Monday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 6.1%. The ex-dividend date of this dividend is Monday, September 15th.

Sprott Focus Trust Trading Up 0.1%

Shares of NASDAQ FUND traded up $0.01 during midday trading on Monday, reaching $8.33. 13,120 shares of the stock were exchanged, compared to its average volume of 24,938. Sprott Focus Trust has a 12 month low of $6.21 and a 12 month high of $8.37. The business has a 50-day simple moving average of $7.88 and a two-hundred day simple moving average of $7.46.

About Sprott Focus Trust

Sprott Focus Trust, Inc is a closed-ended equity mutual fund launched and managed by Sprott Asset Management, LP. The fund is co-managed by Sprott Asset Management USA Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.