Japan Smaller Capitalization Fund, Inc. (JOF) To Go Ex-Dividend on February 13th

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) announced a monthly dividend on Friday, November 21st. Investors of record on Friday, February 13th will be given a dividend of 0.0887 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 8.8%. The ex-dividend date of this dividend is Friday, February 13th.

Japan Smaller Capitalization Fund Price Performance

Shares of JOF stock traded up $0.15 during trading hours on Wednesday, hitting $12.13. 21,987 shares of the company’s stock were exchanged, compared to its average volume of 94,954. Japan Smaller Capitalization Fund has a 52 week low of $7.43 and a 52 week high of $12.18. The stock’s 50-day moving average is $11.10 and its 200-day moving average is $10.68.

Institutional Trading of Japan Smaller Capitalization Fund

Several hedge funds have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC lifted its holdings in Japan Smaller Capitalization Fund by 9.0% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,487,892 shares of the company’s stock worth $57,842,000 after buying an additional 454,000 shares in the last quarter. Shaker Financial Services LLC lifted its stake in shares of Japan Smaller Capitalization Fund by 45.9% during the second quarter. Shaker Financial Services LLC now owns 97,575 shares of the company’s stock valued at $941,000 after acquiring an additional 30,699 shares during the period. Pekin Hardy Strauss Inc. boosted its holdings in Japan Smaller Capitalization Fund by 418.8% in the second quarter. Pekin Hardy Strauss Inc. now owns 91,399 shares of the company’s stock valued at $881,000 after acquiring an additional 73,780 shares during the last quarter. Mills Wealth Advisors LLC increased its position in Japan Smaller Capitalization Fund by 9.1% in the second quarter. Mills Wealth Advisors LLC now owns 24,851 shares of the company’s stock worth $240,000 after purchasing an additional 2,070 shares during the period. Finally, CIBC Bancorp USA Inc. acquired a new stake in Japan Smaller Capitalization Fund in the third quarter worth about $215,000.

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.