Sprott Inc. Announces 20% Dividend Increase and Declares Third Quarter 2024 Dividend
November 05 2024 - 12:47PM
Sprott Inc. (“Sprott” or the “Company”)
(NYSE/TSX:
SII) announced today that its Board of Directors has
declared a third quarter 2024 dividend of US$0.30 per common share,
an increase of 20% over the previous quarter’s dividend, payable on
December 3, 2024 to shareholders of record at the close of business
on November 18, 2024.
Registered shareholders who are residents of
Canada as reflected in the Company’s shareholders register, as well
as beneficial holders (i.e., shareholders who hold their common
shares through a broker or other intermediary) whose intermediary
is a participant in CDS Clearing and Depositary Services Inc. or
its nominee, CDS & Co. (“CDS”), will receive their dividend in
Canadian dollars, calculated based on the spot price exchange rate
on December 3, 2024. Registered shareholders resident outside of
Canada as reflected in Sprott’s shareholders register, including
the United States, as well as beneficial holders whose intermediary
is a participant in The Depository Trust Company or its nominee,
Cede & Co., will receive their dividend in U.S. dollars.
However, beneficial holders whose intermediary is a participant in
CDS, may elect to change the currency of their dividend payments to
U.S. dollars and can contact their broker for more details.
Registered shareholders, other than CDS, who are residents of
Canada and wish to receive their dividend in U.S. dollars should
make arrangements to deposit their common shares with CDS, and make
a currency election, prior to November 18, 2024.
The dividend is designated as an eligible
dividend for Canadian income tax purposes.
About Sprott
Sprott is a global asset manager focused on
precious metals and critical materials investments. We are
specialists. We believe our in-depth knowledge, experience and
relationships separate us from the generalists. Our investment
strategies include Exchange Listed Products, Managed Equities and
Private Strategies. Sprott has offices in Toronto, New York,
Connecticut and California and the company’s common shares are
listed on the New York Stock Exchange and the Toronto Stock
Exchange under the symbol (SII). For more information, please visit
www.sprott.com.
Investor contact information:
Glen Williams Managing Partner Investor and
Institutional Client Relations (416) 943-4394
gwilliams@sprott.com
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