Royce Small-Cap Trust to Trade Ex-Dividend on Sept 13, 2024

Royce Small-Cap Trust Inc (RVT) is set to trade ex-dividend on September 13, 2024, offering a quarterly dividend of $0.28. Investors should anticipate a 1.91% decline in shares at market open, as per the report. The anticipated annual yield is projected at 7.65%.

Date: 11-09-2024

AI Rating: 6

The report mentions that Royce Small-Cap Trust Inc (RVT) will trade ex-dividend on September 13, 2024, with a quarterly dividend of $0.28. Given RVT's current stock price of $14.64, this results in a dividend yield of approximately 1.91%. Investors should expect RVT's shares to drop by this percentage when trading resumes on the ex-dividend date.

The report notes that while dividends can be unpredictable, the dividend history for RVT helps gauge the likelihood of future payments. The current estimated annual yield is projected at 7.65%, which may suggest a stable return for investors relying on dividend income.

Moreover, RVT's share price has seen a range in the past year, with a 52-week low of $11.845 and a 52-week high of $16.16. With the last trade noted at $14.59, this indicates RVT is currently well within this range despite a minor decline of 0.5% on the day reported.

Stocks: RVT