Sprott Inc. (SII) Announces Quarterly Dividend of $0.03

Sprott Inc. (TSE:SII) declared a quarterly dividend on Friday, May 17th, TickerTech reports. Stockholders of record on Wednesday, June 5th will be paid a dividend of 0.03 per share on Wednesday, June 5th. This represents a $0.12 annualized dividend and a dividend yield of 3.92%. The ex-dividend date of this dividend is Friday, May 17th.

Shares of TSE:SII opened at C$3.06 on Thursday. The stock has a market cap of $735.49 million and a PE ratio of 41.35. The company has a quick ratio of 1.87, a current ratio of 2.51 and a debt-to-equity ratio of 6.38. Sprott has a 12 month low of C$2.36 and a 12 month high of C$3.48.

Sprott (TSE:SII) last issued its quarterly earnings data on Friday, May 10th. The company reported C$0.01 EPS for the quarter, missing the consensus estimate of C$0.03 by C($0.02). The firm had revenue of C$19.40 million for the quarter. On average, equities analysts anticipate that Sprott will post 0.129999995695364 earnings per share for the current year.

A number of equities analysts recently issued reports on the stock. Desjardins reissued a “hold” rating and issued a C$2.50 price target on shares of Sprott in a research note on Thursday, February 28th. TD Securities raised shares of Sprott from a “reduce” rating to a “hold” rating and set a C$2.50 price target for the company in a research note on Tuesday, January 22nd.

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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.

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Dividend History for Sprott (TSE:SII)

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