Sprott Inc. (SII) to Issue Quarterly Dividend of $0.40 on March 17th

Sprott Inc. (TSE:SII) announced a quarterly dividend on Monday, March 2nd, TickerTech Dividends reports. Shareholders of record on Tuesday, March 17th will be given a dividend of 0.40 per share on Tuesday, March 17th. This represents a c) annualized dividend and a yield of 0.7%. The ex-dividend date is Monday, March 2nd.

Sprott Stock Down 1.8%

Shares of SII traded down C$3.97 during trading on Friday, reaching C$221.22. The company’s stock had a trading volume of 143,315 shares, compared to its average volume of 99,740. The company has a market cap of C$5.70 billion, a price-to-earnings ratio of 112.87, a P/E/G ratio of -3.34 and a beta of 1.36. The company has a quick ratio of 2.89, a current ratio of 3.30 and a debt-to-equity ratio of 5.65. The company has a fifty day moving average of C$165.07 and a two-hundred day moving average of C$130.53. Sprott has a twelve month low of C$56.05 and a twelve month high of C$228.38.

Sprott (TSE:SII) last posted its quarterly earnings results on Thursday, February 19th. The company reported C$1.49 EPS for the quarter. Sprott had a return on equity of 15.02% and a net margin of 28.20%.The business had revenue of C$143.61 million during the quarter. On average, sell-side analysts predict that Sprott will post 3.2178828 EPS for the current fiscal year.

About Sprott

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.