Sprott Inc. Announces 33% Dividend Increase and Declares Third Quarter 2025 Dividend
Rhea-AI Summary
Sprott (NYSE/TSX: SII) announced a third quarter 2025 dividend of US$0.40 per common share, a 33% increase versus the prior quarter. The dividend is payable on December 2, 2025 to shareholders of record at the close of business on November 17, 2025.
Canadian registered shareholders and beneficial holders with intermediaries in CDS will receive the dividend in Canadian dollars based on the spot exchange rate on December 2, 2025. Registered shareholders outside Canada and beneficial holders with intermediaries in DTC will receive U.S. dollars. Beneficial holders whose intermediary is in CDS may elect U.S. dollars through their broker. Canadian registered shareholders (other than CDS) who want U.S. dollars must deposit shares with CDS and elect currency before November 17, 2025. The dividend is designated as an eligible dividend for Canadian tax purposes.
Positive
- Dividend increased by 33% to US$0.40 per share
- Dividend payable on December 2, 2025 with record date November 17, 2025
- Designated as an eligible dividend for Canadian income tax
Negative
- Currency payment rules add complexity for shareholders across jurisdictions
- Canadian registered shareholders must deposit with CDS and elect by November 17, 2025 to receive U.S. dollars
News Market Reaction
On the day this news was published, SII gained 0.24%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
TORONTO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX: SII) announced today that its Board of Directors has declared a third quarter 2025 dividend of US
Registered shareholders who are residents of Canada as reflected in the Company’s shareholders register, as well as beneficial holders (i.e., shareholders who hold their common shares through a broker or other intermediary) whose intermediary is a participant in CDS Clearing and Depositary Services Inc. or its nominee, CDS & Co. (“CDS”), will receive their dividend in Canadian dollars, calculated based on the spot price exchange rate on December 2, 2025. Registered shareholders resident outside of Canada as reflected in Sprott’s shareholders register, including the United States, as well as beneficial holders whose intermediary is a participant in The Depository Trust Company or its nominee, Cede & Co., will receive their dividend in U.S. dollars. However, beneficial holders whose intermediary is a participant in CDS, may elect to change the currency of their dividend payments to U.S. dollars and can contact their broker for more details. Registered shareholders, other than CDS, who are residents of Canada and wish to receive their dividend in U.S. dollars should make arrangements to deposit their common shares with CDS, and make a currency election, prior to November 17, 2025.
The dividend is designated as an eligible dividend for Canadian income tax purposes.
About Sprott
Sprott is a global asset manager focused on precious metals and critical materials investments. We are specialists. We believe our in-depth knowledge, experience and relationships separate us from the generalists. Our investment strategies include Exchange Listed Products, Managed Equities and Private Strategies. Sprott has offices in Toronto, New York, Connecticut and California, and the company’s common shares are listed on the New York Stock Exchange and the Toronto Stock Exchange under the symbol (SII). For more information, please visit www.sprott.com.
Investor contact information:
Glen Williams
Senior Managing Partner
Investor and Institutional Client Relations
(416) 943-4394
gwilliams@sprott.com
FAQ
What dividend did Sprott (SII) declare for third quarter 2025?
When is the Sprott (SII) dividend payable and what is the record date?
How will Sprott (SII) pay dividends to Canadian versus U.S. shareholders?
Can beneficial holders change the currency of Sprott (SII) dividend payments?
What must Canadian registered shareholders do to receive the Sprott (SII) dividend in U.S. dollars?
Is the Sprott (SII) dividend eligible for favorable Canadian tax treatment?
