Royce Value Trust Inc (RVT) Raises Dividend to $0.35 Per Share
Royce Value Trust Inc (NYSE:RVT) announced a quarterly dividend on Monday, December 4th, Wall Street Journal reports. Investors of record on Wednesday, December 13th will be paid a dividend of 0.35 per share by the financial services provider on Wednesday, December 27th. This represents a $1.40 dividend on an annualized basis and a yield of 8.78%. The ex-dividend date is Tuesday, December 12th. This is an increase from Royce Value Trust’s previous quarterly dividend of $0.28.
Royce Value Trust has increased its dividend payment by an average of 8.9% annually over the last three years.
Shares of Royce Value Trust (NYSE:RVT) traded down $0.07 during midday trading on Monday, reaching $15.95. The company had a trading volume of 304,862 shares, compared to its average volume of 261,395. Royce Value Trust has a 52-week low of $13.03 and a 52-week high of $16.24.
About Royce Value Trust
Royce Value Trust, Inc is a diversified, closed-end investment company. The Fund invests primarily in small-cap securities. The Fund’s portfolio of investments includes industrials, financials, information technology, materials, healthcare, consumer discretionary, energy, consumer staples, real estate and telecommunication services.
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