Sprott Inc. (TSE:SII) announced a quarterly dividend on Friday, May 17th, TickerTech reports. Stockholders of record on Wednesday, June 5th will be given a dividend of 0.03 per share on Wednesday, June 5th. This represents a $0.12 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Friday, May 17th.
Sprott stock opened at C$3.06 on Thursday. Sprott has a fifty-two week low of C$2.36 and a fifty-two week high of C$3.48. The company has a quick ratio of 1.87, a current ratio of 2.51 and a debt-to-equity ratio of 6.38. The stock has a market capitalization of $735.49 million and a PE ratio of 41.35.
Sprott (TSE:SII) last posted its earnings results on Friday, May 10th. The company reported C$0.01 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of C$0.03 by C($0.02). The firm had revenue of C$19.40 million during the quarter. On average, equities research analysts expect that Sprott will post 0.129999995695364 EPS for the current year.
SII has been the subject of several analyst reports. Desjardins reaffirmed a “hold” rating and set a C$2.50 price objective on shares of Sprott in a research note on Thursday, February 28th. TD Securities raised Sprott from a “reduce” rating to a “hold” rating and set a C$2.50 price objective for the company in a research note on Tuesday, January 22nd.
TRADEMARK VIOLATION NOTICE: “Sprott Inc. (SII) Announces $0.03 Quarterly Dividend” was published by Zolmax and is the property of of Zolmax. If you are viewing this article on another site, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this article can be accessed at https://zolmax.com/investing/sprott-inc-sii-announces-0-03-quarterly-dividend/3085649.html.
Sprott Inc is a publicly owned asset management holding company. Through its subsidiaries, the firm provides asset management, portfolio management, wealth management, fund management, and administrative and consulting services to its clients. It offers mutual funds, hedge funds, and offshore funds, along with managed accounts.
See Also: 52-Week High/Low
Receive News & Ratings for Sprott Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Sprott and related companies with MarketBeat.com's FREE daily email newsletter.