Sprott Lithium Miners ETF Plans Annual Dividend of $0.89 (NASDAQ:LITP)

Sprott Lithium Miners ETF (NASDAQ:LITP) announced an annual dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be paid a dividend of 0.8927 per share on Monday, December 22nd. This represents a yield of 732.0%. The ex-dividend date of this dividend is Thursday, December 18th.

Sprott Lithium Miners ETF Price Performance

Shares of LITP opened at $12.19 on Thursday. The company has a market cap of $35.35 million, a PE ratio of 16.45 and a beta of 1.04. The firm has a 50-day moving average of $10.90 and a 200-day moving average of $8.52. Sprott Lithium Miners ETF has a one year low of $4.63 and a one year high of $12.60.

Institutional Trading of Sprott Lithium Miners ETF

An institutional investor recently bought a new position in Sprott Lithium Miners ETF stock. Susquehanna International Group LLP acquired a new stake in Sprott Lithium Miners ETF (NASDAQ:LITP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 17,717 shares of the company’s stock, valued at approximately $160,000. Susquehanna International Group LLP owned about 0.61% of Sprott Lithium Miners ETF as of its most recent SEC filing.

Sprott Lithium Miners ETF Company Profile

The Sprott Lithium Miners ETF (LITP) is an exchange-traded fund that is based on the Nasdaq Sprott Lithium Miners index. The fund aims to support the worldwide clean energy transition by tracking an index of global companies in the lithium industry. Securities are selected based on revenue and weighted by market-cap.