Royce Value Trust Inc (NYSE:RVT) had declared a cash dividend of $0.2400 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 7.7922%. The dividend payable date has been fixed on Sep 26, 2016.
Royce Value Trust Inc (RVT) made into the market gainers list on Thursdays trading session with the shares advancing 1.77% or 0.22 points. Due to strong positive momentum, the stock ended at $12.64, which is also near the day’s high of $12.65. The stock began the session at $12.52 and the volume stood at 1,53,222 shares. The 52-week high of the shares is $12.95 and the 52 week low is $9.424. The company has a current market capitalization of $1,017 M and it has 8,04,78,771 shares in outstanding.
Several Insider Transactions has been reported to the SEC. On Dec 3, 2015, Arthur S Mehlman (director) purchased 1,200 shares at $12.56 per share price.
Royce Value Trust Inc. (the Fund) is a diversified closed-end investment company. The Fund’s investment goal is long-term capital growth which it seeks by normally investing at least 65% of its assets in equity securities. The Fund invests in a diversified portfolio of both United States and non-United States small-cap stocks up to $2.5 billion. The Fund may invest a significant portion of its net assets in foreign securities which may involve political economic currency and other risks not encountered in United States investments. Its portfolio of investments includes industrials information technology financials consumer discretionary materials health care energy utilities consumer staples and telecommunication services. The Fund’s investment adviser is Royce & Associates LLC (R&A).