Japan Smaller Capitalization Fund, Inc. Announces Monthly Dividend of $0.10 (NYSE:JOF)

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) declared a monthly dividend on Thursday, September 10th. Investors of record on Thursday, October 15th will be paid a dividend of 0.0956 per share on Friday, October 30th. This represents a c) annualized dividend and a dividend yield of 9.2%. The ex-dividend date is Thursday, October 15th.

Japan Smaller Capitalization Fund Trading Down 0.1%

Shares of Japan Smaller Capitalization Fund stock opened at $12.47 on Friday. The stock has a fifty day simple moving average of $12.03 and a 200 day simple moving average of $11.61. Japan Smaller Capitalization Fund has a 12-month low of $9.94 and a 12-month high of $12.85.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of JOF. Integrated Wealth Concepts LLC purchased a new stake in shares of Japan Smaller Capitalization Fund during the 2nd quarter worth approximately $35,000. Bank of America Corp DE lifted its position in shares of Japan Smaller Capitalization Fund by 144.7% during the fourth quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock worth $39,000 after acquiring an additional 3,038 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Japan Smaller Capitalization Fund during the fourth quarter valued at about $43,000. Western Wealth Management LLC bought a new stake in Japan Smaller Capitalization Fund during the 1st quarter worth approximately $50,000. Finally, Colonial Trust Advisors purchased a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter worth $104,000.

Japan Smaller Capitalization Fund Company Profile

Japan Smaller Capitalization Fund, Inc (NYSE: JOF) is a U.S.-listed closed-end investment company dedicated to long-term capital appreciation through exposure to Japan’s smaller capitalization equities. The fund seeks to identify and invest in firms whose market valuations and growth prospects may be overlooked by broader market indices, offering investors differentiated access to Japan’s domestic growth opportunities.

The portfolio typically comprises equity securities of companies traded on the Tokyo Stock Exchange and other recognized Japanese markets, with a focus on firms outside the large-cap segment.