Royce Small-Cap Trust, Inc. Declares Quarterly Dividend of $0.29 (NYSE:RVT)

Key Points

• Royce Small-Cap Trust, Inc. declared a quarterly dividend of $0.29 per share, with a dividend yield of 7.2%, set to be paid on September 25th.
• Shares of RVT stock traded at $16.03, down 0.1% with a one-year trading range between $12.12 and $16.93.
• Institutional investors have increased their stakes, with Bank of America boosting its position by 1.5%, while a total of 25.57% of the stock is owned by institutional investors and hedge funds.

Royce Small-Cap Trust, Inc. (NYSE:RVT - Get Free Report) declared a quarterly dividend on Wednesday, September 3rd, RTT News reports. Investors of record on Friday, September 12th will be paid a dividend of 0.29 per share by the financial services provider on Thursday, September 25th. This represents a c) annualized dividend and a yield of 7.1%. The ex-dividend date of this dividend is Friday, September 12th.

Royce Small-Cap Trust Price Performance

NYSE:RVT traded up $0.05 during mid-day trading on Monday, hitting $16.41. 237,508 shares of the stock traded hands, compared to its average volume of 261,712. The business's 50-day moving average price is $15.56 and its 200 day moving average price is $14.81. Royce Small-Cap Trust has a 12-month low of $12.12 and a 12-month high of $16.93.

Royce Small-Cap Trust Company Profile

Royce Value Trust Inc is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small cap and micro cap companies.