Royce Small-Cap Trust, Inc. Declares Quarterly Dividend of $0.30 (NYSE:RVT)

Royce Small-Cap Trust, Inc. (NYSE:RVT) announced a quarterly dividend on Monday, March 2nd. Shareholders of record on Thursday, March 12th will be given a dividend of 0.30 per share by the financial services provider on Monday, March 30th. This represents a c) dividend on an annualized basis and a yield of 6.6%. The ex-dividend date is Thursday, March 12th.

Royce Small-Cap Trust Stock Performance

Royce Small-Cap Trust stock opened at $18.14 on Wednesday. Royce Small-Cap Trust has a 52-week low of $12.12 and a 52-week high of $18.73. The firm has a 50 day moving average price of $17.45 and a two-hundred day moving average price of $16.53.

Institutional Trading of Royce Small-Cap Trust

Large investors have recently bought and sold shares of the business. Intrepid Family Office LLC bought a new position in shares of Royce Small-Cap Trust during the 2nd quarter worth approximately $752,000. Waterfront Wealth Inc. boosted its stake in Royce Small-Cap Trust by 41.1% during the third quarter. Waterfront Wealth Inc. now owns 679,108 shares of the financial services provider’s stock worth $10,786,000 after acquiring an additional 197,680 shares in the last quarter. Blue Bell Private Wealth Management LLC grew its holdings in Royce Small-Cap Trust by 14.5% in the third quarter. Blue Bell Private Wealth Management LLC now owns 563,372 shares of the financial services provider’s stock worth $9,087,000 after purchasing an additional 71,196 shares during the period. TrueMark Investments LLC bought a new stake in Royce Small-Cap Trust in the third quarter valued at $1,114,000. Finally, Cornerstone Advisors LLC raised its holdings in shares of Royce Small-Cap Trust by 476.3% during the third quarter. Cornerstone Advisors LLC now owns 685,519 shares of the financial services provider’s stock valued at $11,057,000 after purchasing an additional 566,576 shares during the period. 25.57% of the stock is currently owned by institutional investors and hedge funds.

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.