Sprott Nickel Miners ETF (NASDAQ:NIKL) Declares Annual Dividend of $0.40

Sprott Nickel Miners ETF (NASDAQ:NIKL) declared an annual dividend on Wednesday, December 17th. Investors of record on Thursday, December 18th will be given a dividend of 0.3975 per share on Monday, December 22nd. This represents a yield of 286.0%. The ex-dividend date of this dividend is Thursday, December 18th.

Sprott Nickel Miners ETF Price Performance

Shares of Sprott Nickel Miners ETF stock opened at $13.73 on Thursday. The firm has a fifty day moving average price of $14.27 and a two-hundred day moving average price of $13.20. Sprott Nickel Miners ETF has a fifty-two week low of $7.25 and a fifty-two week high of $16.26. The company has a market cap of $28.01 million, a PE ratio of 18.88 and a beta of 0.78.

Institutional Trading of Sprott Nickel Miners ETF

An institutional investor recently bought a new position in Sprott Nickel Miners ETF stock. Bank of Montreal Can acquired a new position in shares of Sprott Nickel Miners ETF (NASDAQ:NIKL) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 58,148 shares of the company’s stock, valued at approximately $681,000. Bank of Montreal Can owned approximately 6.06% of Sprott Nickel Miners ETF at the end of the most recent quarter.

Sprott Nickel Miners ETF Company Profile

The Sprott Nickel Miners ETF (NIKL) is an exchange-traded fund that is based on the Nasdaq Sprott Nickel Miners index. The fund tracks an index of nickel related companies around the globe. Securities are selected based on revenue and weighted by market-cap. NIKL was launched on Mar 21, 2023 and is issued by Sprott.