Sprott Focus Trust declares quarterly distribution of $0.15 per share
FUND•Quarterly distribution details
Sprott Focus Trust set a Q3 common stock distribution of $0.1503 per share, payable Sept. 29.
The record date is Sept. 15, and shares trade ex-dividend Sept. 15.
Holders can elect cash or additional common shares; the reinvestment share price will be set Sept. 22.
Distribution composition and policy
As of Aug. 31, estimates for the distribution were:
- 21.76% net investment income
- 77.51% long-term gains
- 0% return of capital
The distribution policy targets 6% annually of the rolling average of prior four quarter-end NAVs.
