Sprott Inc. Declares First Quarter 2026 Dividend
Rhea-AI Summary
Sprott (NYSE/TSX: SII) declared a first quarter 2026 dividend of US$0.40 per common share, payable June 3, 2026 to shareholders of record at the close of business on May 19, 2026. Registered Canadian residents and certain beneficial holders will receive payment in Canadian dollars based on the June 3, 2026 spot rate.
Registered shareholders outside Canada and beneficial holders through The Depository Trust Company will receive U.S. dollars. Beneficial holders using CDS may elect U.S. dollar payments via their broker. The dividend is designated as an eligible dividend for Canadian tax purposes.
Positive
- Dividend of US$0.40 per common share declared
- Payment date set for June 3, 2026
- Eligible dividend designation for Canadian income tax
Negative
- Currency treatment varies by holder and intermediary
- Canadian residents must use CDS deposit to elect U.S. dollars before May 19, 2026
News Market Reaction – SII
On the day this news was published, SII declined 2.94%, reflecting a moderate negative market reaction. Argus tracked a peak move of +12.8% during that session. Our momentum scanner triggered 51 alerts that day, indicating high trading interest and price volatility. This price movement removed approximately $120M from the company's valuation, bringing the market cap to $3.95B at that time. Trading volume was above average at 2.0x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
TORONTO, May 05, 2026 (GLOBE NEWSWIRE) -- Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX: SII) announced today that its Board of Directors has declared a first quarter 2026 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 June 3, 2026. 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 19, 2026.
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
