Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Plans Monthly Dividend of $0.09

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) announced a monthly dividend on Tuesday, March 10th. Shareholders of record on Monday, June 15th will be paid a dividend of 0.0887 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 9.6%. The ex-dividend date is Monday, June 15th.

Japan Smaller Capitalization Fund Stock Down 0.8%

Japan Smaller Capitalization Fund stock traded down $0.09 during trading hours on Wednesday, hitting $11.14. 87,391 shares of the stock traded hands, compared to its average volume of 114,388. The firm’s 50 day moving average price is $11.62 and its 200-day moving average price is $10.94. Japan Smaller Capitalization Fund has a 1 year low of $7.43 and a 1 year high of $12.76.

Hedge Funds Weigh In On Japan Smaller Capitalization Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of America Corp DE raised its position in Japan Smaller Capitalization Fund by 144.7% during the 4th quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock worth $39,000 after buying an additional 3,038 shares during the last quarter. Raymond James Financial Inc. boosted its holdings in shares of Japan Smaller Capitalization Fund by 4.0% in the 3rd quarter. Raymond James Financial Inc. now owns 101,127 shares of the company’s stock valued at $1,066,000 after acquiring an additional 3,847 shares during the last quarter. Triasima Portfolio Management inc. increased its stake in shares of Japan Smaller Capitalization Fund by 32.8% in the third quarter. Triasima Portfolio Management inc. now owns 15,800 shares of the company’s stock worth $167,000 after acquiring an additional 3,900 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter worth $43,000. Finally, Pekin Hardy Strauss Inc. raised its holdings in shares of Japan Smaller Capitalization Fund by 4.3% during the fourth quarter. Pekin Hardy Strauss Inc. now owns 205,920 shares of the company’s stock worth $2,282,000 after purchasing an additional 8,453 shares during the last quarter.

About Japan Smaller Capitalization Fund

Japan Smaller Capitalization Fund, Inc (NYSE: JOF) is a U.S.-listed closed-end investment company dedicated to long-term capital appreciation through exposure to Japan’s smaller capitalization equities. The fund seeks to identify and invest in firms whose market valuations and growth prospects may be overlooked by broader market indices, offering investors differentiated access to Japan’s domestic growth opportunities.

The portfolio typically comprises equity securities of companies traded on the Tokyo Stock Exchange and other recognized Japanese markets, with a focus on firms outside the large-cap segment.