Royce Micro-Cap Trust Inc. (NYSE:RMT) announced a quarterly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Wednesday, December 13th will be given a dividend of 0.20 per share by the financial services provider on Wednesday, December 27th. This represents a $0.80 annualized dividend and a dividend yield of 8.49%. The ex-dividend date is Tuesday, December 12th. This is an increase from Royce Micro-Cap Trust’s previous quarterly dividend of $0.17.
Royce Micro-Cap Trust has decreased its dividend payment by an average of 22.6% per year over the last three years.
Royce Micro-Cap Trust (NYSE RMT) traded down $0.06 during mid-day trading on Monday, hitting $9.42. The company had a trading volume of 167,554 shares, compared to its average volume of 120,775. Royce Micro-Cap Trust has a 12-month low of $8.00 and a 12-month high of $9.53.
About Royce Micro-Cap Trust
Royce Micro-Cap Trust, Inc (the Fund) is a diversified closed-end investment company. The Fund invests primarily in micro-cap securities. The Fund invests in a range of sectors, including information technology, software, technology hardware, storage and peripherals, chemicals, construction materials, containers and packaging, metals and mining, real estate, telecommunication services, utilities and miscellaneous.
What are top analysts saying about Royce Micro-Cap Trust Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Royce Micro-Cap Trust Inc. and related companies.