Sprott Inc. (SII) Director Sells C$16,100.00 in Stock
Sprott Inc. (TSE:SII) Director James John Grosdanis sold 7,000 shares of the stock in a transaction dated Friday, December 1st. The shares were sold at an average price of C$2.30, for a total transaction of C$16,100.00.
Sprott Inc. (TSE SII) traded up C$0.01 during trading hours on Friday, reaching C$2.33. 144,191 shares of the company’s stock were exchanged, compared to its average volume of 207,977. Sprott Inc. has a 52 week low of C$1.92 and a 52 week high of C$2.69.
The company also recently announced a quarterly dividend, which will be paid on Monday, December 4th. Shareholders of record on Monday, December 4th will be issued a $0.03 dividend. The ex-dividend date is Thursday, November 16th. This represents a $0.12 dividend on an annualized basis and a yield of 5.15%. Sprott’s dividend payout ratio (DPR) is 80.00%.
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Sprott Inc is an alternative asset management company. The Company has five segments: Sprott Asset Management LP (SAM), Global Companies, Sprott Resource Lending Corp. (SRLC), Consulting, and Corporate & Other. The SAM segment offers discretionary portfolio management, as well as asset management services to its branded Funds and Managed Accounts.
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