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. It primarily invests in value stocks of companies across all market capitalizations. The fund benchmarks the performance of its portfolio against the Russell 3000 Index. It was formerly known as Royce Focus Trust, Inc. Sprott Focus Trust, Inc. was formed on March 2, 1988 and is domiciled in the United States.
Sprott Focus Trust Dividend Announcement
• Sprott Focus Trust announced a quarterly dividend of $0.13 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-09-16
• Sprott Focus Trust annual dividend for 2024 was $0.39
• Sprott Focus Trust annual dividend for 2023 was $0.50
• Sprott Focus Trust's trailing twelve-month (TTM) dividend yield is 8.36%
• Sprott Focus Trust's dividend growth over the last five years (2018-2023) was -6.29% year
• Sprott Focus Trust's dividend growth over the last ten years (2013-2023) was 2.21% year
Sprott Focus Trust Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-16 | $0.13 | quarterly | 2024-09-30 |
2024-06-14 | $0.13 | quarterly | 2024-07-01 |
2024-03-13 | $0.13 | quarterly | 2024-03-28 |
2023-12-13 | $0.13 | quarterly | 2023-12-28 |
2023-09-14 | $0.12 | quarterly | 2023-09-29 |
2023-06-09 | $0.12 | quarterly | 2023-06-27 |
2023-03-10 | $0.13 | quarterly | 2023-03-24 |
2022-12-09 | $0.13 | quarterly | 2022-12-22 |
2022-09-09 | $0.13 | quarterly | 2022-09-23 |
2022-06-10 | $0.14 | quarterly | 2022-06-24 |
2022-03-11 | $0.14 | quarterly | 2022-03-25 |
2021-12-10 | $0.41 | quarterly | 2021-12-23 |
2021-09-10 | $0.12 | quarterly | 2021-09-24 |
2021-06-11 | $0.12 | quarterly | 2021-06-25 |
2021-03-12 | $0.10 | quarterly | 2021-03-26 |
2020-12-14 | $0.21 | quarterly | 2020-12-23 |
2020-09-14 | $0.11 | quarterly | 2020-09-25 |
2020-06-12 | $0.11 | quarterly | 2020-06-26 |
2020-03-12 | $0.12 | quarterly | 2020-03-27 |
2019-12-12 | $0.12 | quarterly | 2019-12-27 |
2019-09-13 | $0.11 | quarterly | 2019-09-27 |
2019-06-13 | $0.12 | quarterly | 2019-06-28 |
2019-03-14 | $0.12 | quarterly | 2019-03-29 |
2018-12-13 | $0.30 | quarterly | 2018-12-28 |
2018-09-13 | $0.13 | quarterly | 2018-09-28 |
2018-06-14 | $0.13 | quarterly | 2018-06-28 |
2018-03-14 | $0.13 | quarterly | 2018-03-28 |
2017-12-14 | $0.22 | quarterly | 2017-12-28 |
2017-09-14 | $0.10 | quarterly | 2017-09-26 |
2017-06-13 | $0.10 | quarterly | 2017-06-28 |
2017-03-13 | $0.10 | quarterly | 2017-03-28 |
2016-12-13 | $0.12 | quarterly | 2016-12-28 |
2016-09-13 | $0.09 | quarterly | 2016-09-26 |
2016-06-10 | $0.09 | quarterly | 2016-06-28 |
2016-03-11 | $0.10 | quarterly | 2016-03-28 |
2015-12-11 | $0.12 | quarterly | 2015-12-28 |
2015-09-11 | $0.10 | quarterly | 2015-09-28 |
2015-06-12 | $0.11 | quarterly | 2015-06-29 |
2015-05-13 | $0.11 | quarterly | 2015-05-28 |
2014-12-11 | $0.11 | quarterly | 2014-12-26 |
2014-09-11 | $0.11 | quarterly | 2014-09-26 |
2014-06-12 | $0.10 | quarterly | 2014-06-27 |
2014-03-11 | $0.10 | quarterly | 2014-03-25 |
2013-12-11 | $0.11 | quarterly | 2013-12-27 |
2013-09-12 | $0.10 | quarterly | 2013-09-27 |
2013-06-12 | $0.09 | quarterly | 2013-06-27 |
2013-03-04 | $0.10 | quarterly | 2013-03-25 |
Sprott Focus Trust Dividend per year
Sprott Focus Trust Dividend growth
Sprott Focus Trust Dividend Yield
Sprott Focus Trust current trailing twelve-month (TTM) dividend yield is 8.36%. Interested in purchasing Sprott Focus Trust stock? Use our calculator to estimate your expected dividend yield:
Sprott Focus Trust Financial Ratios
Sprott Focus Trust Dividend FAQ
Other factors to consider when evaluating Sprott Focus Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Sprott Focus Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Sprott Focus Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Sprott Focus Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Sprott Focus Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Sprott Focus Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Sprott Focus Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Sprott Focus Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Sprott Focus Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Sprott Focus Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.