Sprott Physical Gold Trust Dividends
The next dividend date for Sprott Physical Gold Trust has not yet been scheduled.
What is a Dividend Date
When we talk about a dividend date, we’re referring specifically to the ex-dividend date.
This is the date on which all stockholders will earn a dividend. Technically, a person needs to be the owner of a share of stock as of the night before the ex-dividend date in order to earn the dividend.
The ex-dividend date is different than the date when the dividend is issued. Although you earn a dividend on the ex-dividend date, that dividend is typically not disbursed to your account until several weeks later.
Most brokerages will automatically credit the dividend to your account once it’s issued.
Historical Dividends for Sprott Physical Gold Trust (PHYS)
More About Sprott Physical Gold Trust
Sprott Physical Gold Trust is an exchange traded commodity launched and managed by Sprott Asset Management LP. The fund invests in the commodity markets. It primarily invests in physical gold bullion in London Good Delivery bar form. Sprott Physical Gold Trust was formed on August 28, 2009 and is domiciled in Canada.
Owning Sprott Physical Gold Trust Stock on the Dividend Date
If you own Sprott Physical Gold Trust stock on the ex-dividend date, then you earn the associated dividend.
Theoretically, the price of Sprott Physical Gold Trust stock should go down by the amount of the dividend (in addition to any other pressures that market forces have on the price of Sprott Physical Gold Trust stock).
Therefore, it is typically not expected that there is any incremental profit to be gained from buying Sprott Physical Gold Trust stock right before the ex-dividend date and then selling it immediately after. It’s not like you get the Sprott Physical Gold Trust dividend payout for free just by doing that since there is typically an equivalent commensurate drop in the stock price.
Learning More Sprott Physical Gold Trust Dividends
You can contact us any time if you would like to ask questions about Sprott Physical Gold Trust dividends or anything else related to the stock market.