Sprott Inc. (SII) To Go Ex-Dividend on November 18th

Sprott Inc. (NYSE:SII) declared a quarterly dividend on Tuesday, November 5th,Wall Street Journal reports. Investors of record on Monday, November 18th will be paid a dividend of 0.30 per share on Tuesday, December 3rd. This represents a $1.20 dividend on an annualized basis and a dividend yield of 2.86%. The ex-dividend date is Monday, November 18th. This is a positive change from Sprott’s previous quarterly dividend of $0.25.

Sprott has raised its dividend payment by an average of 3.2% per year over the last three years. Sprott has a dividend payout ratio of 59.4% indicating that its dividend is sufficiently covered by earnings.

Sprott Trading Up 0.2 %

Shares of Sprott stock opened at $41.99 on Friday. Sprott has a 52-week low of $29.50 and a 52-week high of $48.00. The firm has a market capitalization of $1.09 billion, a PE ratio of 23.07 and a beta of 1.09. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.30 and a quick ratio of 3.30. The company’s fifty day moving average price is $43.78 and its two-hundred day moving average price is $43.06.

Sprott Company Profile

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.