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Sprott Focus Trust, Inc. Declares Quarterly Dividend of $0.13 (NASDAQ:FUND)

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Sprott Focus Trust, Inc. (NASDAQ:FUND - Get Free Report) declared a quarterly dividend on Tuesday, March 4th, NASDAQ Dividends reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.1305 per share by the financial services provider on Friday, March 28th. This represents a $0.52 annualized dividend and a dividend yield of 7.15%. The ex-dividend date of this dividend is Friday, March 14th.

Sprott Focus Trust has decreased its dividend by an average of 11.1% annually over the last three years.

Sprott Focus Trust Stock Performance

NASDAQ:FUND traded down $0.18 during trading hours on Monday, reaching $7.30. 106,962 shares of the company were exchanged, compared to its average volume of 36,000. The stock has a 50 day simple moving average of $7.55 and a 200 day simple moving average of $7.70. Sprott Focus Trust has a 52-week low of $7.21 and a 52-week high of $8.23.

Insider Buying and Selling

In other news, Portfolio Manager W Whitney George purchased 106,939 shares of the stock in a transaction dated Monday, December 30th. The stock was acquired at an average price of $7.27 per share, for a total transaction of $777,446.53. Following the completion of the transaction, the portfolio manager now owns 7,813,063 shares of the company's stock, valued at approximately $56,800,968.01. The trade was a 1.39 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 50.59% of the company's stock.

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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.

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Dividend History for Sprott Focus Trust (NASDAQ:FUND)

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