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.
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