Sprott Nickel Miners ETF (NIKL) to Issue Annual Dividend of $0.40 on December 22nd

Sprott Nickel Miners ETF (NASDAQ:NIKL) announced an annual dividend on Wednesday, December 17th. Shareholders of record on Thursday, December 18th will be paid a dividend of 0.3975 per share on Monday, December 22nd. This represents a yield of 286.0%. The ex-dividend date is Thursday, December 18th.

Sprott Nickel Miners ETF Price Performance

NASDAQ NIKL opened at $13.88 on Friday. Sprott Nickel Miners ETF has a 12 month low of $7.25 and a 12 month high of $16.26. The company has a market capitalization of $28.32 million, a P/E ratio of 18.88 and a beta of 0.78. The company’s 50 day simple moving average is $14.23 and its 200 day simple moving average is $13.21.

Institutional Investors Weigh In On Sprott Nickel Miners ETF

An institutional investor recently bought a new position in Sprott Nickel Miners ETF stock. Jane Street Group LLC acquired a new position in shares of Sprott Nickel Miners ETF (NASDAQ:NIKL) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 61,864 shares of the company’s stock, valued at approximately $725,000. Jane Street Group LLC owned approximately 6.44% of Sprott Nickel Miners ETF as of its most recent SEC filing.

About Sprott Nickel Miners ETF

The Sprott Nickel Miners ETF (NIKL) is an exchange-traded fund that is based on the Nasdaq Sprott Nickel Miners index. The fund tracks an index of nickel related companies around the globe. Securities are selected based on revenue and weighted by market-cap. NIKL was launched on Mar 21, 2023 and is issued by Sprott.