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

Sprott Inc. (TSE:SII) declared a quarterly dividend on Monday, March 2nd, TickerTech Dividends reports. Stockholders of record on Tuesday, March 17th will be given a dividend of 0.40 per share on Tuesday, March 17th. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date is Monday, March 2nd.

Sprott Stock Down 1.8%

TSE SII traded down C$3.97 during mid-day trading on Friday, reaching C$221.22. The stock had a trading volume of 143,315 shares, compared to its average volume of 99,740. The stock has a market cap of C$5.70 billion, a PE ratio of 112.87, a price-to-earnings-growth ratio of -3.34 and a beta of 1.36. Sprott has a 1 year low of C$56.05 and a 1 year high of C$228.38. The company has a debt-to-equity ratio of 5.65, a current ratio of 3.30 and a quick ratio of 2.89. The company has a fifty day moving average price of C$165.07 and a 200 day moving average price of C$130.53.

Sprott (TSE:SII) last announced its quarterly earnings results on Thursday, February 19th. The company reported C$1.49 earnings per share (EPS) for the quarter. Sprott had a net margin of 28.20% and a return on equity of 15.02%. The firm had revenue of C$143.61 million for the quarter. On average, research analysts expect 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.