Safety In Value
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Sprott Resource Corp. - 11% Current Yield

Sprott Resource Corp. (OTCPK:SCPZF) is a resource private equity fund wrapped in a public company to provide permanent patient capital. The company makes strategic investments in the resource sector, and has a track record of significant gains. It has initiated a policy of paying 0.833% of its equity as a dividend every month. Because the company trades at a discount to its current book value, this equates to a dividend yield of 11.5% per year. The company expects that it will still be able to grow book value even with this distribution policy, and the company's track record would suggest that is the case. The company is based in Canada, and all numbers within this article are in...

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