Sprott Inc. (SII) Announces Quarterly Dividend of $0.03
Sprott Inc. (TSE:SII) announced a quarterly dividend on Friday, March 9th, TickerTech reports. Shareholders of record on Tuesday, March 27th will be paid a dividend of 0.03 per share on Tuesday, March 27th. This represents a $0.12 annualized dividend and a yield of 3.48%. The ex-dividend date is Friday, March 9th.
Shares of Sprott (TSE SII) opened at C$3.45 on Friday. The company has a market cap of $865.17, a PE ratio of 23.00 and a beta of 0.33. Sprott has a 12-month low of C$1.92 and a 12-month high of C$3.54.
In other news, insider Eric S. Sprott sold 21,300 shares of Sprott stock in a transaction dated Friday, February 16th. The shares were sold at an average price of C$3.15, for a total value of C$67,095.00. Also, insider Eric S. Sprott sold 9,400 shares of Sprott stock in a transaction dated Tuesday, January 30th. The stock was sold at an average price of C$3.00, for a total transaction of C$28,200.00. Insiders sold 1,420,500 shares of company stock valued at $4,269,395 in the last quarter.
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Sprott Inc is an alternative asset management company. The Company has five segments: Sprott Asset Management LP (SAM), Global Companies, Sprott Resource Lending Corp. (SRLC), Consulting, and Corporate & Other. The SAM segment offers discretionary portfolio management, as well as asset management services to its branded Funds and Managed Accounts.
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