Sprott Focus Trust, Inc. (NASDAQ:FUND) to Issue Quarterly Dividend of $0.14

Sprott Focus Trust, Inc. (NASDAQ:FUND) declared a quarterly dividend on Tuesday, June 2nd. Investors of record on Friday, June 12th will be paid a dividend of 0.1424 per share by the financial services provider on Monday, June 29th. This represents a c) annualized dividend and a yield of 5.5%. The ex-dividend date of this dividend is Friday, June 12th. This is a 6.7% increase from Sprott Focus Trust’s previous quarterly dividend of $0.13.

Sprott Focus Trust Trading Up 1.7%

Shares of FUND stock opened at $10.40 on Wednesday. The stock has a 50 day moving average of $9.90 and a 200 day moving average of $9.40. Sprott Focus Trust has a twelve month low of $7.18 and a twelve month high of $10.44.

Sprott Focus Trust Company Profile

Sprott Focus Trust, Inc is a closed‐end management investment company trading on the Nasdaq under the ticker FUND. Externally managed by Sprott Asset Management LP, the trust offers investors targeted exposure to publicly traded companies that generate revenue through precious metals royalty and streaming agreements. By focusing on this segment, the trust provides a specialized approach to gaining potential income and capital appreciation tied to gold, silver and other base metal production.

The investment strategy centers on assembling a diversified portfolio of royalty and streaming firms with long‐life assets, stable cash flow profiles and strong growth outlooks.