Royce Micro-Cap Trust Inc. (NYSE:RMT) announced a quarterly dividend on Tuesday, September 5th, Wall Street Journal reports. Stockholders of record on Wednesday, September 13th will be paid a dividend of 0.17 per share by the financial services provider on Tuesday, September 26th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 7.90%. The ex-dividend date is Tuesday, September 12th. This is a boost from Royce Micro-Cap Trust’s previous quarterly dividend of $0.16.

Royce Micro-Cap Trust has decreased its dividend by an average of 22.6% annually over the last three years.

Shares of Royce Micro-Cap Trust (NYSE RMT) traded up 0.46% during midday trading on Wednesday, hitting $8.65. 37,244 shares of the stock were exchanged. Royce Micro-Cap Trust has a 52-week low of $7.17 and a 52-week high of $8.94. The firm’s 50 day moving average price is $8.53 and its 200-day moving average price is $8.52.

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About Royce Micro-Cap Trust

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.

Dividend History for Royce Micro-Cap Trust (NYSE:RMT)

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