Royce Micro-Cap Trust Inc. (NYSE:RMT) declared a quarterly dividend on Monday, December 4th, Wall Street Journal reports. Investors 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 dividend on an annualized basis and a yield of 8.56%. The ex-dividend date of this dividend is Tuesday, December 12th. This is a boost 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% annually over the last three years.
Royce Micro-Cap Trust (NYSE RMT) opened at $9.35 on Thursday. Royce Micro-Cap Trust has a twelve month low of $8.00 and a twelve month high of $9.53.
Royce Micro-Cap Trust Company Profile
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.
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