Thursday Is Your Last Chance To Buy Sprott Focus Trust Before The Dividend Payout
Portfolio Pulse from Benzinga Insights
Thursday is the last day for investors to buy Sprott Focus Trust (NASDAQ:FUND) to be eligible for the next dividend payout of 12.17 cents per share. The stock will go ex-dividend on Friday, and the dividend will be paid out on June 27, 2023.
June 06, 2023 | 2:45 pm
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Sprott Focus Trust's stock will likely open 12.17 cents lower on Friday due to the ex-dividend date. Investors must own the stock by end of Thursday to be eligible for the dividend.
The stock will go ex-dividend on Friday, which means it will trade lower to reflect the dividend payout. This will result in a short-term negative impact on the stock price as it will likely open 12.17 cents lower than it would have on any other day.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100