Sprott Focus Trust, Inc. Plans Dividend of $0.22 (NASDAQ:FUND)

Posted by Mark Dietrich on Dec 5th, 2024

Sprott Focus Trust, Inc. (NASDAQ:FUND – Get Free Report) announced a dividend on Tuesday, December 3rd,NASDAQ Dividends reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.2161 per share by the financial services provider on Monday, December 30th. The ex-dividend date is Friday, December 13th.

Sprott Focus Trust has decreased its dividend payment by an average of 3.1% per year over the last three years.

Sprott Focus Trust Price Performance

Shares of Sprott Focus Trust stock remained flat at $8.13 during trading on Thursday. The stock had a trading volume of 40,010 shares, compared to its average volume of 32,885. Sprott Focus Trust has a 52-week low of $7.25 and a 52-week high of $8.23. The firm’s 50-day moving average price is $7.86 and its two-hundred day moving average price is $7.76.

Insider Activity at Sprott Focus Trust

In other Sprott Focus Trust news, Portfolio Manager W Whitney George sold 26,000 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $7.58, for a total transaction of $197,080.00. Following the completion of the transaction, the portfolio manager now owns 321,114 shares in the company, valued at $2,434,044.12. This trade represents a 7.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 50.59% of the stock is owned by corporate insiders.

Sprott Focus Trust Company Profile

(Get Free Report)

Sprott Focus Trust, Inc is a closed-ended equity mutual fund launched and managed by Sprott Asset Management, LP. The fund is co-managed by Sprott Asset Management USA Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.