Sprott Inc. (TSE:SII) Announces Quarterly Dividend of $0.40

Sprott Inc. (TSE:SII) announced a quarterly dividend on Tuesday, May 19th, TickerTech Dividends reports. Stockholders of record on Wednesday, June 3rd will be given a dividend of 0.40 per share on Wednesday, June 3rd. This represents a c) dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Tuesday, May 19th.

Sprott Trading Down 5.2%

Sprott stock opened at C$177.27 on Friday. Sprott has a twelve month low of C$77.16 and a twelve month high of C$230.43. The stock’s fifty day simple moving average is C$195.39 and its 200-day simple moving average is C$165.40. The firm has a market capitalization of C$4.57 billion, a P/E ratio of 54.05, a P/E/G ratio of -3.34 and a beta of 1.56.

Sprott (TSE:SII) last posted its quarterly earnings data on Wednesday, May 6th. The company reported C$1.57 earnings per share for the quarter. Sprott had a return on equity of 24.26% and a net margin of 22.72%.The business had revenue of C$198.75 million for the quarter. Sell-side analysts predict that Sprott will post 3.2178828 earnings per share for the current year.

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.