Sprott Inc. (TSE:SII) to Issue Quarterly Dividend of $0.30

Key Points

• Sprott Inc. has announced a quarterly dividend of $0.30 per share, which will be paid to investors on September 2nd, following the ex-dividend date of August 18th.
• The company's dividend yield is approximately 1.3% on an annualized basis, reflecting its recent stock performance.
• Sprott's shares recently opened at C$91.00, with a market capitalization of C$1.63 billion and a price-to-earnings ratio of 35.46.

Sprott Inc. (TSE:SII - Get Free Report) announced a quarterly dividend on Monday, August 18th, RTT News reports. Investors of record on Tuesday, September 2nd will be paid a dividend of 0.30 per share on Tuesday, September 2nd. This represents a c) dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, August 18th.

Sprott Stock Performance

Shares of Sprott stock opened at C$91.00 on Friday. Sprott has a one year low of C$52.20 and a one year high of C$105.59. The firm has a market capitalization of C$1.63 billion, a price-to-earnings ratio of 35.46, a PEG ratio of -3.34 and a beta of 1.45. The business has a 50-day simple moving average of C$93.20 and a 200 day simple moving average of C$76.61. The company has a debt-to-equity ratio of 5.65, a current ratio of 3.30 and a quick ratio of 2.89.

About Sprott

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.