Royce Value Trust Inc. (NYSE:RVT - Get Free Report) announced a quarterly dividend on Monday, June 2nd, RTT News reports. Shareholders of record on Thursday, June 12th will be paid a dividend of 0.29 per share by the financial services provider on Wednesday, June 25th. This represents a $1.16 annualized dividend and a yield of 7.71%. The ex-dividend date of this dividend is Thursday, June 12th.
Royce Value Trust has decreased its dividend payment by an average of 8.7% annually over the last three years.
Royce Value Trust Stock Up 1.1%
Shares of RVT stock traded up $0.16 during mid-day trading on Friday, hitting $15.04. The company's stock had a trading volume of 94,436 shares, compared to its average volume of 258,823. Royce Value Trust has a 52-week low of $12.12 and a 52-week high of $16.93. The business has a 50-day moving average price of $14.11 and a 200 day moving average price of $15.19.
Hedge Funds Weigh In On Royce Value Trust
An institutional investor recently bought a new position in Royce Value Trust stock. Jane Street Group LLC purchased a new position in Royce Value Trust Inc. (NYSE:RVT - Free Report) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 13,052 shares of the financial services provider's stock, valued at approximately $186,000. 25.57% of the stock is owned by hedge funds and other institutional investors.
Royce Value Trust Company Profile
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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.
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