Royce Otc Micro (NYSE:RMT – Get Free Report) announced a quarterly dividend on Monday, June 1st. Shareholders of record on Thursday, June 11th will be paid a dividend of 0.21 per share by the financial services provider on Monday, June 29th. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date of this dividend is Thursday, June 11th. This is a 10.5% increase from Royce Otc Micro’s previous quarterly dividend of $0.19.
Royce Otc Micro Trading Up 0.3%
Shares of RMT stock opened at $13.78 on Tuesday. Royce Otc Micro has a 52 week low of $8.66 and a 52 week high of $14.30. The company’s fifty day simple moving average is $13.06 and its two-hundred day simple moving average is $11.87.
Royce Otc Micro Company Profile
Royce Micro-Cap Trust, Inc (NYSE: RMT) is a closed-end management investment company primarily focused on micro-capitalization equity securities. The trust seeks long-term capital appreciation by investing in small U.S. companies that, due to their relatively low market values, often receive less attention from larger institutional investors.
Managed by Royce & Associates, LLC, RMT employs a fundamental, value-oriented investment strategy grounded in in-depth, bottom-up research. Portfolio managers analyze financial statements, market trends and company management to identify undervalued firms with the potential for significant growth.
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