Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Announces $0.09 Monthly Dividend

Key Points

• Japan Smaller Capitalization Fund (NYSE:JOF) declared a monthly dividend of $0.0887 per share, payable on May 29 to shareholders of record on May 15, with an annualized dividend yield of 9.6% (ex-dividend date May 15).
• Shares last traded at $11.14 (down $0.09), with a 12‑month range of $7.43–$12.76 and 50‑ and 200‑day moving averages of $11.62 and $10.94, respectively.
• Institutional interest increased recently—Allspring Global Investments now owns about 5.49 million shares (≈$57.8M), and other managers including Pekin Hardy Strauss, Altium, and Triasima also added or initiated positions.

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Get Free Report) declared a monthly dividend on Tuesday, March 10th. Shareholders of record on Friday, May 15th will be paid a dividend of 0.0887 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 9.6%. The ex-dividend date is Friday, May 15th.

Japan Smaller Capitalization Fund Price Performance

Shares of NYSE JOF traded down $0.09 on Wednesday, hitting $11.14. The company had a trading volume of 87,391 shares, compared to its average volume of 114,388. Japan Smaller Capitalization Fund has a 12-month low of $7.43 and a 12-month high of $12.76. The business has a 50 day moving average of $11.62 and a two-hundred day moving average of $10.94.

Hedge Funds Weigh In On Japan Smaller Capitalization Fund

A number of institutional investors and hedge funds have recently bought and sold shares of JOF. Allspring Global Investments Holdings LLC grew its position in Japan Smaller Capitalization Fund by 9.0% in the third quarter. Allspring Global Investments Holdings LLC now owns 5,487,892 shares of the company's stock valued at $57,842,000 after acquiring an additional 454,000 shares in the last quarter. Pekin Hardy Strauss Inc. lifted its position in shares of Japan Smaller Capitalization Fund by 116.0% during the third quarter. Pekin Hardy Strauss Inc. now owns 197,467 shares of the company's stock worth $2,081,000 after purchasing an additional 106,068 shares in the last quarter. Altium Capital Management LLC purchased a new position in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at $441,000. International Assets Investment Management LLC purchased a new position in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at $43,000. Finally, Triasima Portfolio Management inc. grew its holdings in Japan Smaller Capitalization Fund by 38.0% during the 4th quarter. Triasima Portfolio Management inc. now owns 21,800 shares of the company's stock valued at $242,000 after purchasing an additional 6,000 shares in the last quarter.

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.

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