About Royce Micro-Cap Trust (NYSE:RMT)
Royce Micro-Cap Trust, Inc. (the Fund) is a diversified closed-end investment company. The Fund invests primarily in micro-cap securities. The Fund invests in a range of sectors, including information technology, software, technology hardware, storage and peripherals, chemicals, construction materials, containers and packaging, metals and mining, real estate, telecommunication services, utilities and miscellaneous. The Fund may invest a portion of its net assets in foreign securities, which may involve political, economic, currency and other risks not encountered in the United States investments. Royce & Associates, LP serves as its investment advisor.
Industry, Sector and Symbol:
- Industry: Closed End Funds
- Sub-Industry: N/A
- Sector: Financials
- Symbol: NYSE:RMT
- CUSIP: N/A
- Web: www.roycefunds.com
- Annual Dividend: $0.49
- Dividend Yield: 5.4%
- Outstanding Shares: 38,410,000
Frequently Asked Questions for Royce Micro-Cap Trust (NYSE:RMT)
What is Royce Micro-Cap Trust's stock symbol?
Royce Micro-Cap Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "RMT."
How often does Royce Micro-Cap Trust pay dividends? What is the dividend yield for Royce Micro-Cap Trust?
Royce Micro-Cap Trust announced a quarterly dividend on Tuesday, September 5th. Stockholders of record on Wednesday, September 13th will be given a dividend of $0.17 per share on Tuesday, September 26th. This represents a $0.68 annualized dividend and a dividend yield of 7.39%. The ex-dividend date is Tuesday, September 12th. This is a boost from Royce Micro-Cap Trust's previous quarterly dividend of $0.16. View Royce Micro-Cap Trust's Dividend History.
Who are some of Royce Micro-Cap Trust's key competitors?
Some companies that are related to Royce Micro-Cap Trust include Invesco California Value Municipal Income Trust (VCV), Eaton Vance Floating-Rate Income Trust (EFT), PennantPark Investment Corporation (PNNT), BlackRock Capital Investment (BKCC), Foresight Solar Fund Ltd (FSFL), Triangle Capital Corporation (TCAP), PennantPark Floating Rate Capital (PFLT), Clearbridge Energy MLP Total Return Fund (CTR), MFS Charter Income Trust (MCR), Fidus Investment Corporation (FDUS), Carador Income Fund PLC (CIFU), Goldman Sachs MLP Income Opportunities Fund (GMZ), Gladstone Investment Corporation (GAIN), Eagle Point Credit Company (ECC), Medley Capital Corporation (MCC), TICC Capital Corp. (TICC), THL Credit (TCRD) and Solar Senior Capital (SUNS).
Who are Royce Micro-Cap Trust's key executives?
Royce Micro-Cap Trust's management team includes the folowing people:
- Christopher D. Clark, President, Director (Age 51)
- Charles M. Royce, President, Director (Age 75)
- Lisa Curcio, Chief Compliance Officer (Age 56)
- Francis D. Gannon, Vice President (Age 48)
- Daniel A. O'Byrne, Vice President (Age 54)
- Peter K. Hoglund, Treasurer (Age 50)
- John E. Denneen, Chief Legal Officer, Secretary (Age 49)
- Patricia W. Chadwick, Independent Director (Age 68)
- Richard M. Galkin, Independent Director (Age 77)
- Stephen L. Isaacs, Independent Director (Age 76)
Who owns Royce Micro-Cap Trust stock?
Royce Micro-Cap Trust's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Shaker Financial Services LLC (1.42%), Wells Fargo & Company MN (1.28%), FCA Corp TX (0.89%), Flagship Harbor Advisors LLC (0.00%), Advisory Alpha LLC (0.59%) and Family Firm Inc. (0.54%). Company insiders that own Royce Micro-Cap Trust stock include Arthur S Mehlman, Christopher D Clark, John E Denneen and Steve Vavra. View Institutional Ownership Trends for Royce Micro-Cap Trust.
Who sold Royce Micro-Cap Trust stock? Who is selling Royce Micro-Cap Trust stock?
Who bought Royce Micro-Cap Trust stock? Who is buying Royce Micro-Cap Trust stock?
Royce Micro-Cap Trust's stock was bought by a variety of institutional investors in the last quarter, including Advisory Alpha LLC, Jaffetilchin Investment Partners LLC, Shaker Financial Services LLC, Citadel Advisors LLC, Susquehanna International Group LLP, Family Firm Inc., Blue Bell Private Wealth Management LLC and FCA Corp TX. Company insiders that have bought Royce Micro-Cap Trust stock in the last two years include Arthur S Mehlman, Christopher D Clark, John E Denneen and Steve Vavra. View Insider Buying and Selling for Royce Micro-Cap Trust.
How do I buy Royce Micro-Cap Trust stock?
Shares of Royce Micro-Cap Trust can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Royce Micro-Cap Trust's stock price today?
One share of Royce Micro-Cap Trust stock can currently be purchased for approximately $9.20.
How big of a company is Royce Micro-Cap Trust?
Royce Micro-Cap Trust has a market capitalization of $353.36 million.
How can I contact Royce Micro-Cap Trust?
Royce Micro-Cap Trust's mailing address is 745 5th Ave, NEW YORK, NY 10151-0099, United States. The financial services provider can be reached via phone at +1-212-4084587.
MarketBeat Community Rating for Royce Micro-Cap Trust (NYSE RMT)MarketBeat's community ratings are surveys of what our community members think about Royce Micro-Cap Trust and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Analysts' Consensus Rating for Royce Micro-Cap Trust (NYSE:RMT) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||0 Sell Ratings, 0 Hold Ratings, 0 Buy Ratings, 0 Strong Buy RatingsNo ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Analysts' Consensus Price Target: ||N/A|
Consensus Price Target History for Royce Micro-Cap Trust (NYSE:RMT)
Analysts' Ratings History for Royce Micro-Cap Trust (NYSE:RMT)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Royce Micro-Cap Trust (NYSE:RMT)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for Royce Micro-Cap Trust (NYSE:RMT)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for Royce Micro-Cap Trust (NYSE:RMT)
|Most Recent Dividend:||9/26/2017|
|Dividend Growth:||-22.60% (3 Year Average)|
Dividend History by Quarter for Royce Micro-Cap Trust (NYSE RMT)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Royce Micro-Cap Trust (NYSE RMT)
Insider Ownership Percentage: 3.63%
Institutional Ownership Percentage: 28.07%
Insider Trades by Quarter for Royce Micro-Cap Trust (NYSE RMT)
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|1/27/2017||Christopher D Clark||CEO||Buy||2,400||$8.33||$19,992.00|| |
|12/7/2016||John E Denneen||Insider||Buy||2,000||$8.18||$16,360.00|| |
|10/7/2016||Christopher D Clark||CEO||Buy||3,200||$7.74||$24,768.00|| |
|12/2/2015||Arthur S Mehlman||Director||Buy||1,800||$8.20||$14,760.00|| |
|10/14/2014||Jack E Jr. Fockler||VP||Sell||6,278||$10.85||$68,116.30|| |
|10/10/2014||Jack E Jr. Fockler||VP||Sell||36,940||$10.96||$404,862.40|| |
|6/4/2014||Jack E Jr. Fockler||VP||Buy||16,500||$12.26||$202,290.00|| |
|2/5/2014||Jack E Jr. Fockler||VP||Buy||8,600||$11.59||$99,674.00|| |
|1/23/2014||Jack E Jr. Fockler||VP||Buy||16,000||$12.54||$200,640.00|| |
Latest Headlines for Royce Micro-Cap Trust (NYSE RMT)
|Royce Micro-Cap Trust (NYSE: RMT) as of September 30, 2017|
finance.yahoo.com - November 1 at 8:12 AM
|Royce Micro-Cap Trust (NYSE: RMT) as of August 31, 2017|
finance.yahoo.com - October 3 at 11:46 AM
|Royce Micro-Cap Trust Inc. (RMT) Plans Quarterly Dividend of $0.17|
www.americanbankingnews.com - September 5 at 10:44 PM
|Royce Micro-Cap Trust, Inc. (NYSE-RMT) Declares Third Quarter Common Stock Distribution of $0.17 Per Share|
finance.yahoo.com - September 2 at 8:11 AM
|Royce Micro-Cap Trust (NYSE: RMT) as of July 31, 2017|
finance.yahoo.com - August 23 at 10:56 AM
|Royce Micro-Cap Trust (NYSE: RMT) as of June 30, 2017|
finance.yahoo.com - July 26 at 6:51 AM
|A Macro Look at How the Income-Minded Can Gain Exposure to Micro-Caps|
finance.yahoo.com - July 6 at 8:31 AM
|Royce Micro-Cap Trust (NYSE: RMT) as of May 31, 2017|
finance.yahoo.com - July 1 at 7:06 AM
|Bar Harbor Trust Services Buys CIT Group, LyondellBasell Industries NV, Arconic, Sells WEC ...|
www.nasdaq.com - February 8 at 11:29 PM
|This Fund Gives You Cheap Exposure To Micro-Cap Value Stocks|
seekingalpha.com - February 8 at 4:30 AM
|Royce Micro-Cap Trust (NYSE: RMT) as of September...|
www.benzinga.com - October 29 at 10:02 AM
|Ex-Div Reminder for Royce Micro-cap Trust (RMT)|
www.thestreet.com - September 8 at 6:47 PM
|Royce Micro-Cap Trust, Inc. (RMT)|
biz.yahoo.com - February 20 at 12:12 PM
Royce Micro-Cap Trust (NYSE RMT) Chart for Monday, November, 20, 2017