Royce Micro Capital Trust (NYSE:RMT) had declared a cash dividend of $0.1500 on Sep 2, 2016. The shares will quote ex-dividend on Sep 9, 2016 and the record date has been fixed for Sep 13, 2016. On Sep 2, 2016 share price, the yield comes out to be 7.6531%. The dividend payable date has been fixed on Sep 26, 2016.
Royce Micro Capital Trust (RMT) shares turned negative on Thursdays trading session with the shares closing down -0.08 points or -1.01% at a volume of 86,638. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $7.89. The peak price level was also seen at $7.89 while the days lowest was $7.81. Finally the shares closed at $7.84. The 52-week high of the shares is $8.23 while the 52-week low is $5.95. According to the latest information available, the market cap of the company is $291 M.
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.