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

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 is Tuesday, May 19th.

Sprott Stock Down 5.2%

TSE SII opened at C$177.27 on Friday. Sprott has a 12-month low of C$77.16 and a 12-month high of C$230.43. The company has a market capitalization of C$4.57 billion, a PE ratio of 54.05, a price-to-earnings-growth ratio of -3.34 and a beta of 1.56. The firm’s 50 day moving average is C$195.39 and its 200-day moving average is C$165.40.

Sprott (TSE:SII) last released its earnings results on Wednesday, May 6th. The company reported C$1.57 earnings per share for the quarter. Sprott had a net margin of 22.72% and a return on equity of 24.26%. The business had revenue of C$198.75 million during the quarter. As a group, sell-side analysts expect that Sprott will post 3.2178828 EPS for the current year.

Sprott Company Profile

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.