Sprott Inc. announced on November 5, 2024, that its Board of Directors declared a third quarter 2024 dividend of US$0.30 per common share. This represents a 20% increase over the previous quarter's dividend, signaling strong financial performance and management confidence.
The dividend is scheduled to be payable on December 3, 2024, to shareholders of record at the close of business on November 18, 2024. This increase in dividend payout reflects Sprott's commitment to returning value to its shareholders.
Canadian residents will receive their dividend in Canadian dollars based on the spot exchange rate on the payment date, while U.S. residents will receive it in U.S. dollars. The dividend is designated as an eligible dividend for Canadian income tax purposes.
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