Sprott Inc. (SII) to Issue Quarterly Dividend of $0.30 on December 3rd

Sprott Inc. (TSE:SII) announced a quarterly dividend on Monday, November 18th,TickerTech Dividends reports. Stockholders of record on Tuesday, December 3rd will be paid a dividend of 0.30 per share on Tuesday, December 3rd. This represents a $1.20 annualized dividend and a dividend yield of 2.03%. The ex-dividend date is Monday, November 18th. This is an increase from Sprott’s previous quarterly dividend of $0.25.

Sprott Stock Performance

Shares of SII stock opened at C$59.09 on Friday. The firm has a market cap of C$1.50 billion, a price-to-earnings ratio of 26.98, a PEG ratio of -3.34 and a beta of 1.45. Sprott has a 52-week low of C$40.74 and a 52-week high of C$66.31. The company has a quick ratio of 2.89, a current ratio of 3.02 and a debt-to-equity ratio of 9.19. The company’s 50 day moving average is C$59.93 and its 200 day moving average is C$58.95.

Analysts Set New Price Targets

Separately, TD Securities cut their price target on Sprott from C$74.00 to C$73.00 and set a “buy” rating on the stock in a report on Thursday, November 7th.

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.