Christopher D. Clark Purchases 3,200 Shares of Royce Micro-Cap Trust Inc. (RMT) Stock
Royce Micro-Cap Trust Inc. (NYSE:RMT) CEO Christopher D. Clark purchased 3,200 shares of the firm’s stock in a transaction on Friday, October 7th. The shares were acquired at an average price of $7.74 per share, for a total transaction of $24,768.00. Following the purchase, the chief executive officer now directly owns 3,200 shares of the company’s stock, valued at $24,768. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Shares of Royce Micro-Cap Trust Inc. (NYSE:RMT) traded down 0.39% during midday trading on Friday, hitting $7.68. 87,839 shares of the stock traded hands. Royce Micro-Cap Trust Inc. has a 1-year low of $5.95 and a 1-year high of $8.20. The stock has a 50 day moving average of $7.79 and a 200 day moving average of $7.49.
The business also recently disclosed a quarterly dividend, which was paid on Monday, September 26th. Stockholders of record on Tuesday, September 13th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 7.81%. The ex-dividend date was Friday, September 9th.
About Royce Micro-Cap Trust
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, healthcare, industrials, consumer discretionary, financials, materials, energy, telecommunication services, consumer staples and utilities.
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