Royce Micro Capital Trust (NYSE:RMT) Trading Down 0.1%
Royce Micro Capital Trust Inc. (NYSE:RMT) dropped 0.1% on Thursday . The stock traded as low as $8.10 and last traded at $8.12, approximately 3,009 shares were traded during mid-day trading. A decline of 97% from the average daily volume of 110,597 shares. The stock had previously closed at $8.13.
The firm’s fifty day simple moving average is $8.11.
The firm also recently declared a quarterly dividend, which was paid on Monday, June 24th. Stockholders of record on Thursday, June 13th were issued a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 8.37%. The ex-dividend date of this dividend was Wednesday, June 12th.
About Royce Micro Capital Trust (NYSE:RMT)
Royce Micro-Cap Trust, Inc is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million.
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