Sprott Focus Trust, Inc. (NASDAQ:FUND – Get Free Report) declared a quarterly dividend on Wednesday, September 2nd. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.1503 per share by the financial services provider on Tuesday, September 29th. This represents a c) annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend is Tuesday, September 15th. This is a 5.5% increase from Sprott Focus Trust’s previous quarterly dividend of $0.14.
Sprott Focus Trust Price Performance
Shares of NASDAQ:FUND opened at $10.79 on Thursday. Sprott Focus Trust has a 1 year low of $7.97 and a 1 year high of $10.96. The company’s 50 day simple moving average is $10.11 and its 200 day simple moving average is $9.97.
About Sprott Focus Trust
Sprott Focus Trust, Inc is a closed?end management investment company trading on the Nasdaq under the ticker FUND. Externally managed by Sprott Asset Management LP, the trust offers investors targeted exposure to publicly traded companies that generate revenue through precious metals royalty and streaming agreements. By focusing on this segment, the trust provides a specialized approach to gaining potential income and capital appreciation tied to gold, silver and other base metal production.
The investment strategy centers on assembling a diversified portfolio of royalty and streaming firms with long?life assets, stable cash flow profiles and strong growth outlooks.
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