Sprott Inc. (TSE:SII) Declares $0.30 Quarterly Dividend

Sprott Inc. (TSE:SII - Get Free Report) announced a quarterly dividend on Tuesday, May 20th, TickerTech Dividends reports. Stockholders of record on Wednesday, June 4th will be given a dividend of 0.30 per share on Wednesday, June 4th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 1.54%. The ex-dividend date of this dividend is Tuesday, May 20th.

Sprott Stock Performance

SII opened at C$77.76 on Friday. Sprott has a twelve month low of C$52.20 and a twelve month high of C$78.97. The stock has a market cap of C$1.39 billion, a PE ratio of 30.30, a price-to-earnings-growth ratio of -3.34 and a beta of 1.45. The business's 50 day moving average is C$67.68 and its 200-day moving average is C$63.51. The company has a current ratio of 3.30, a quick ratio of 2.89 and a debt-to-equity ratio of 5.65.

Sprott (TSE:SII - Get Free Report) last announced its earnings results on Wednesday, February 26th. The company reported C$0.46 EPS for the quarter. Sprott had a return on equity of 15.02% and a net margin of 28.20%. On average, analysts predict that Sprott will post 3.2178828 earnings per share for the current year.

Analysts Set New Price Targets

Several equities analysts have weighed in on SII shares. BMO Capital Markets lifted their price objective on shares of Sprott from C$75.00 to C$76.00 in a research report on Friday, April 4th. Canaccord Genuity Group lifted their price objective on shares of Sprott from C$67.00 to C$71.00 and gave the stock a "buy" rating in a research report on Thursday, February 27th. Finally, TD Securities boosted their price target on shares of Sprott from C$79.00 to C$84.00 and gave the company a "buy" rating in a report on Thursday, May 8th.

Sprott Company Profile

Sprott Inc is an alternative asset manager operating in Canada. The company has six reportable segments: Exchange Listed Products, which includes management services to the company's closed-end physical trusts and exchange-traded funds, both of which are actively traded on public securities exchanges; Managed equities segment provides asset management and sub-advisory services to the Company's branded funds, fixed-term LPs and managed accounts; Lending segment provides lending and streaming activities through limited partnership vehicles; Brokerage segment includes activities of Canadian and U.S.

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