Royce Small-Cap Trust, Inc. (NYSE:RVT) Increases Dividend to $0.33 Per Share

Royce Small-Cap Trust, Inc. (NYSE:RVT) declared a quarterly dividend on Tuesday, September 1st. Stockholders of record on Friday, September 11th will be given a dividend of 0.33 per share by the financial services provider on Tuesday, September 29th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date is Friday, September 11th. This is a 6.5% increase from Royce Small-Cap Trust’s previous quarterly dividend of $0.31.

Royce Small-Cap Trust Trading Up 0.5%

RVT stock traded up $0.09 during trading on Wednesday, hitting $18.28. The company had a trading volume of 95,879 shares, compared to its average volume of 301,076. The company has a 50 day simple moving average of $18.40 and a 200-day simple moving average of $18.02. Royce Small-Cap Trust has a 52-week low of $14.97 and a 52-week high of $19.12.

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.