Royce Micro Capital Trust Inc. (RMT) Declares Quarterly Dividend of $0.18
Royce Micro Capital Trust Inc. (NYSE:RMT) announced a quarterly dividend on Monday, March 5th, Wall Street Journal reports. Shareholders of record on Monday, March 12th will be given a dividend of 0.18 per share by the financial services provider on Friday, March 23rd. This represents a $0.72 dividend on an annualized basis and a yield of 7.59%. The ex-dividend date of this dividend is Friday, March 9th.
Royce Micro Capital Trust has decreased its dividend by an average of 38.0% per year over the last three years.
Royce Micro Capital Trust (NYSE:RMT) traded up $0.12 during trading hours on Monday, reaching $9.49. 134,868 shares of the company’s stock were exchanged, compared to its average volume of 121,597. Royce Micro Capital Trust has a fifty-two week low of $8.00 and a fifty-two week high of $9.93.
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, software, technology hardware, storage and peripherals, chemicals, construction materials, containers and packaging, metals and mining, real estate, telecommunication services, utilities and miscellaneous.
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