Sprott Focus Trust (NASDAQ FUND) releases a quarterly distribution of $0.1121 per share on its Common Stock

Sprott Focus Trust (NASDAQ-FUND) spotted trading -11.60% off 52-week high price. On the other end, the stock has been noted 24.18% away from the low price over the last 52-weeks. The stock changed 1.04% to recent value of $6.78. The stock transacted 30047 shares during most recent day however it has an average volume of 46.81K shares. The company has 27.77M of outstanding shares.  

On Sept. 05, 2019, Sprott Focus Trust (NASDAQ-FUND) has released a quarterly distribution of $0.1121 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock or in cash by specific stockholder election, is to be paid on September 27, 2019 to stockholders of record at the close of business on September 16, 2019 (ex-dividend on September 13, 2019). The price of shares issued for reinvestment will be determined on September 20, 2019.

The Fund currently has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 6% of the rolling average of the prior four calendar quarter-end net asset values (NAVs), with the fourth quarter distribution being the greater of 1.50% of the rolling average or the minimum distribution required by IRS regulations. The policy, including the annual rate, is subject to change at the discretion of the Fund’s Board of Directors.

  The price moved ahead of 2.71% from the mean of 20 days, 1.49% from mean of 50 days SMA and performed 2.28% from mean of 200 days price. Company’s performance for the week was 4.31%, 1.50% for month and YTD performance remained 17.30%.

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