Sprott Focus Trust, Inc. (NASDAQ:FUND) Declares $0.22 Dividend

Sprott Focus Trust, Inc. (NASDAQ:FUND) declared a dividend on Tuesday, December 3rd,NASDAQ Dividends reports. Stockholders of record on Friday, December 13th will be paid a dividend of 0.2161 per share by the financial services provider on Monday, December 30th. The ex-dividend date of this dividend is Friday, December 13th.

Sprott Focus Trust has decreased its dividend payment by an average of 3.1% per year over the last three years.

Sprott Focus Trust Stock Performance

Sprott Focus Trust stock remained flat at $8.13 during trading hours on Thursday. 40,010 shares of the company’s stock traded hands, compared to its average volume of 32,885. Sprott Focus Trust has a 1 year low of $7.25 and a 1 year high of $8.23. The stock has a 50 day moving average of $7.86 and a 200-day moving average of $7.76.

Insider Activity

In other Sprott Focus Trust news, Portfolio Manager W Whitney George sold 26,000 shares of the stock in a transaction on Monday, September 16th. The shares were sold at an average price of $7.58, for a total value of $197,080.00. Following the sale, the portfolio manager now directly owns 321,114 shares in the company, valued at approximately $2,434,044.12. This trade represents a 7.49 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 50.59% of the stock is owned by insiders.

Sprott Focus Trust Company Profile

Sprott Focus Trust, Inc is a closed-ended equity mutual fund launched and managed by Sprott Asset Management, LP. The fund is co-managed by Sprott Asset Management USA Inc It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors.