Royce Micro Capital Trust Inc. (NYSE:RMT) Increases Dividend to $0.20 Per Share

Royce Micro Capital Trust Inc. (NYSE:RMT) announced a quarterly dividend on Monday, December 4th, Wall Street Journal reports. Stockholders of record on Wednesday, December 13th will be given a dividend of 0.20 per share by the financial services provider on Wednesday, December 27th. This represents a $0.80 annualized dividend and a dividend yield of 8.48%. The ex-dividend date is Tuesday, December 12th. This is a boost from Royce Micro Capital Trust’s previous quarterly dividend of $0.17.

Royce Micro Capital Trust has decreased its dividend payment by an average of 38.0% annually over the last three years.

Royce Micro Capital Trust (RMT) traded down $0.01 during trading on Tuesday, reaching $9.43. 98,416 shares of the company traded hands, compared to its average volume of 98,650. Royce Micro Capital Trust has a 12-month low of $8.00 and a 12-month high of $9.53.

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About Royce Micro Capital 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 Capital Trust (NYSE:RMT)

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