Royce Small-Cap Trust, Inc. (NYSE:RVT) Announces Dividend Increase – $0.31 Per Share

Royce Small-Cap Trust, Inc. (NYSE:RVT) announced a quarterly dividend on Monday, June 1st. Shareholders of record on Thursday, June 11th will be paid a dividend of 0.31 per share by the financial services provider on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 6.7%. The ex-dividend date is Thursday, June 11th. This is a 3.3% increase from Royce Small-Cap Trust’s previous quarterly dividend of $0.30.

Royce Small-Cap Trust Stock Performance

NYSE:RVT opened at $18.39 on Tuesday. The company has a fifty day simple moving average of $17.81 and a two-hundred day simple moving average of $17.23. Royce Small-Cap Trust has a 52 week low of $14.41 and a 52 week high of $18.88.

About Royce Small-Cap Trust

Royce Small-Cap Trust (NYSE:RVT) is a closed-end management investment company that seeks to provide investors with long-term capital appreciation by investing primarily in the common stocks of small-capitalization companies. The trust is structured to trade on the New York Stock Exchange, offering shares that represent an undivided interest in a diversified portfolio of U.S. small-cap equities. As a closed-end vehicle, the fund may employ leverage to enhance returns and reinvest dividends to support growth over time.

The trust’s investment strategy is driven by fundamental, bottom-up research, focusing on companies with market capitalizations typically falling within the small-cap spectrum.