Japan Smaller Capitalization Fund, Inc. (JOF) to Distribute Monthly Dividend of $0.10 on November 30th

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) declared a monthly dividend on Thursday, September 10th. Investors of record on Monday, November 16th will be paid a dividend of 0.0956 per share on Monday, November 30th. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date is Monday, November 16th.

Japan Smaller Capitalization Fund Stock Up 0.7%

NYSE:JOF opened at $12.53 on Friday. The company has a 50 day moving average price of $12.05 and a 200-day moving average price of $11.61. Japan Smaller Capitalization Fund has a 1-year low of $9.94 and a 1-year high of $12.85.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of JOF. Integrated Wealth Concepts LLC purchased a new stake in shares of Japan Smaller Capitalization Fund in the 2nd quarter valued at $35,000. Mraz Amerine & Associates Inc. raised its holdings in shares of Japan Smaller Capitalization Fund by 3.5% in the second quarter. Mraz Amerine & Associates Inc. now owns 202,362 shares of the company’s stock valued at $2,384,000 after buying an additional 6,909 shares during the last quarter. Readystate Asset Management LP acquired a new stake in shares of Japan Smaller Capitalization Fund during the second quarter worth $262,000. Raffles Associates LP acquired a new stake in Japan Smaller Capitalization Fund in the second quarter valued at about $1,307,000. Finally, Almitas Capital LLC purchased a new position in Japan Smaller Capitalization Fund in the second quarter valued at about $4,551,000.

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.