Royce Small-Cap Trust, Inc. (NYSE:RVT – Get Free Report) announced a quarterly dividend on Monday, June 1st. Investors of record on Thursday, June 11th will be given a dividend of 0.31 per share by the financial services provider on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 7.0%. The ex-dividend date is Thursday, June 11th. This is a 3.3% increase from Royce Small-Cap Trust’s previous quarterly dividend of $0.30.
Royce Small-Cap Trust Price Performance
NYSE:RVT opened at $17.77 on Tuesday. Royce Small-Cap Trust has a 52 week low of $14.41 and a 52 week high of $18.88. The firm has a 50 day moving average of $17.97 and a 200 day moving average of $17.32.
About Royce Small-Cap Trust
Royce Small-Cap Trust (NYSE:RVT) is a closed-end management investment company that seeks to provide investors with long-term capital appreciation by investing primarily in the common stocks of small-capitalization companies. The trust is structured to trade on the New York Stock Exchange, offering shares that represent an undivided interest in a diversified portfolio of U.S. small-cap equities. As a closed-end vehicle, the fund may employ leverage to enhance returns and reinvest dividends to support growth over time.
The trust’s investment strategy is driven by fundamental, bottom-up research, focusing on companies with market capitalizations typically falling within the small-cap spectrum.
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