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

Key Points

• Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) has declared a monthly dividend of $0.0887 per share, with a dividend yield of 9.8% for investors of record as of September 15.
• The fund's stock recently traded at $10.90, having experienced a range between a one-year low of $7.43 and a high of $10.98.
• Japan Smaller Capitalization Fund invests in the public equity markets of Japan, focusing on stocks traded on major Japanese exchanges, including Tokyo and Osaka.

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Get Free Report) declared a monthly dividend on Friday, June 6th. Investors of record on Monday, September 15th will be paid a dividend of 0.0887 per share on Tuesday, September 30th. This represents a c) annualized dividend and a yield of 9.8%. The ex-dividend date is Monday, September 15th.

Japan Smaller Capitalization Fund Stock Up 0.1%

NYSE JOF traded up $0.01 on Thursday, hitting $10.87. 16,043 shares of the company were exchanged, compared to its average volume of 73,800. Japan Smaller Capitalization Fund has a 12 month low of $7.43 and a 12 month high of $10.98. The stock has a fifty day moving average of $10.27 and a 200-day moving average of $9.35.

About Japan Smaller Capitalization Fund

Japan Smaller Capitalization Fund, Inc is a closed-ended equity mutual fund launched by Nomura Asset Management U.SA Inc It is managed by Nomura Asset Management Co, Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices.