Royce Micro Capital Trust (NYSE:RMT) had declared a cash dividend of $0.1500 on Sep 16, 2016. The shares will quote ex-dividend on Sep 9, 2016 and the record date has been fixed for Sep 13, 2016. On Sep 16, 2016 share price, the yield comes out to be 7.8637%. The dividend payable date has been fixed on Sep 26, 2016.
Royce Micro Capital Trust (RMT) made into the market gainers list on Thursdays trading session with the shares advancing 1.55% or 0.12 points. Due to strong positive momentum, the stock ended at $7.84, which is also near the day’s high of $7.84. The stock began the session at $7.75 and the volume stood at 85,214 shares. The 52-week high of the shares is $8.2 and the 52 week low is $5.95. The company has a current market capitalization of $291 M and it has 3,71,35,645 shares in outstanding.
Several Insider Transactions has been reported to the SEC. On Dec 3, 2015, Arthur S Mehlman (director) purchased 1,800 shares at $8.20 per share price.
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 healthcare industrials consumer discretionary financials materials energy telecommunication services consumer staples and utilities. The Fund’s investment advisor is Royce & Associates LLC.