Sprott Inc. Declares Fourth Quarter 2024 Dividend
Rhea-AI Summary
Sprott Inc. (NYSE/TSX: SII) has announced its fourth quarter 2024 dividend of US$0.30 per common share. The dividend will be paid on March 25, 2025 to shareholders of record as of March 10, 2025.
Canadian registered shareholders and CDS participants will receive payments in Canadian dollars, calculated using the March 25, 2025 spot exchange rate. Shareholders outside Canada, including U.S. residents, will receive payments in U.S. dollars. Canadian beneficial holders through CDS can opt to receive payments in U.S. dollars by contacting their broker. The dividend qualifies as an eligible dividend for Canadian tax purposes.
Positive
- Maintains quarterly dividend payment of US$0.30 per share
Negative
- None.
News Market Reaction
On the day this news was published, SII declined 1.34%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
TORONTO, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Sprott Inc. (“Sprott” or the “Company”) (NYSE/TSX: SII) announced today that its Board of Directors has declared a fourth quarter 2024 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 March 25, 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 March 10, 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
Managing Partner
Investor and Institutional Client Relations
(416) 943-4394
gwilliams@sprott.com
FAQ
What is the Q4 2024 dividend amount announced by Sprott (SII)?
When is the payment date for Sprott's (SII) Q4 2024 dividend?
What is the record date for Sprott's (SII) latest dividend?
In which currency will Canadian shareholders receive Sprott's (SII) dividend?
