Japan Smaller Capitalization Fund, Inc. (JOF) to Issue Monthly Dividend of $0.10 on July 31st

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) announced a monthly dividend on Friday, May 22nd. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.0956 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 9.8%. The ex-dividend date is Wednesday, July 15th. This is a 7.8% increase from Japan Smaller Capitalization Fund’s previous monthly dividend of $0.09.

Japan Smaller Capitalization Fund Price Performance

JOF stock opened at $11.74 on Monday. The company’s 50-day moving average is $11.63 and its 200-day moving average is $11.42. Japan Smaller Capitalization Fund has a 1 year low of $9.52 and a 1 year high of $12.76.

About Japan Smaller Capitalization Fund

Japan Smaller Capitalization Fund, Inc (NYSE: JOF) is a U.S.-listed closed-end investment company dedicated to long-term capital appreciation through exposure to Japan’s smaller capitalization equities. The fund seeks to identify and invest in firms whose market valuations and growth prospects may be overlooked by broader market indices, offering investors differentiated access to Japan’s domestic growth opportunities.

The portfolio typically comprises equity securities of companies traded on the Tokyo Stock Exchange and other recognized Japanese markets, with a focus on firms outside the large-cap segment.