Sprott Inc. Declares First Quarter 2025 Dividend

Rhea-AI Summary

Sprott Inc. (NYSE/TSX: SII) has declared its first quarter 2025 dividend of US$0.30 per common share. The dividend will be paid on June 4, 2025 to shareholders of record as of May 20, 2025. Canadian registered shareholders and CDS participants will receive payments in Canadian dollars, while shareholders outside Canada will receive payments in U.S. dollars. The dividend is designated as an eligible dividend for Canadian tax purposes.

Positive

• Consistent dividend payment indicating financial stability
• Dividend payment flexibility in USD or CAD for shareholders

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• None.

TORONTO, May 06, 2025 (GLOBE NEWSWIRE) -- Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX: SII) announced today that its Board of Directors has declared a first quarter 2025 dividend of US$0.30 per common share, payable on June 4, 2025 to shareholders of record at the close of business on May 20, 2025.

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 June 4, 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 May 20, 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 is Sprott's (SII) dividend amount for Q1 2025?

Sprott Inc. (SII) declared a dividend of US$0.30 per common share for the first quarter of 2025.

When is the payment date for Sprott's Q1 2025 dividend?

The Q1 2025 dividend will be paid on June 4, 2025, to shareholders of record as of May 20, 2025.

How will Sprott's dividend be paid to Canadian shareholders?

Canadian registered shareholders will receive their dividend in Canadian dollars, calculated based on the spot price exchange rate on June 4, 2025.

Can Sprott shareholders change their dividend payment currency?

Yes, beneficial holders whose intermediary participates in CDS can elect to change their dividend payment currency between USD and CAD by contacting their broker.