Royce Micro-Cap Trust declares $0.23 dividend

• Royce Micro-Cap Trust (NYSE:RMT) declares $0.23/share quarterly dividend, -17.9% decrease from prior dividend of $0.28.
• Forward yield 8.99%
• Payable March 24; for shareholders of record March 11; ex-div March 10.
• The Fund has adopted a Distribution Policy of paying quarterly distributions on its Common Stock. Distributions are being made at the annual rate of 7% of the rolling average of the prior four calendar quarter-end net asset values (NAVs), with the fourth quarter distribution being the greater of 1.75% of the rolling average or the minimum distribution required by IRS regulations. The policy, including the annual rate, is subject to change at the discretion of the Fund's Board of Directors.
• See RMT Dividend Scorecard, Yield Chart, & Dividend Growth.

Comments

[grayhat]

🎁

[mickelsson]

But up $.07 (+43.8%) over Q1 2021.
$RMT adjusts the div quarterly, which I prefer to managed distributions that can trash the NAV.