Royce Micro-Cap Trust Inc. (RMT) to Issue Dividend Increase – $0.20 Per Share

Royce Micro-Cap Trust Inc. (NYSE:RMT) declared a quarterly dividend on Monday, December 4th, Wall Street Journal reports. Shareholders 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 a positive change from Royce Micro-Cap Trust’s previous quarterly dividend of $0.17.

Royce Micro-Cap Trust has decreased its dividend by an average of 22.6% annually over the last three years.

Royce Micro-Cap Trust (RMT) traded down $0.06 during midday trading on Tuesday, hitting $9.42. The company’s stock had a trading volume of 167,500 shares, compared to its average volume of 120,775. Royce Micro-Cap Trust has a 52 week low of $8.00 and a 52 week high of $9.53.

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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.

Dividend History for Royce Micro-Cap Trust (NYSE:RMT)

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