Royce Value Trust Inc. to Issue Quarterly Dividend of $0.28 (NYSE:RVT)

Posted by John Adams on Sep 12th, 2024

Royce Value Trust Inc. (NYSE:RVT – Get Free Report) announced a quarterly dividend on Tuesday, September 3rd, NASDAQ reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.28 per share by the financial services provider on Monday, September 23rd. This represents a $1.12 annualized dividend and a dividend yield of 7.60%. The ex-dividend date of this dividend is Friday, September 13th.

Royce Value Trust has increased its dividend payment by an average of 1.0% annually over the last three years.

Royce Value Trust Stock Up 0.2 %

NYSE RVT opened at $14.74 on Thursday. The company has a 50 day moving average of $15.14 and a 200-day moving average of $14.78. Royce Value Trust has a 1-year low of $11.85 and a 1-year high of $16.16.

Insider Transactions at Royce Value Trust

In related news, President Christopher D. Clark purchased 3,400 shares of the business’s stock in a transaction dated Friday, August 16th. The shares were bought at an average price of $15.20 per share, with a total value of $51,680.00. Following the purchase, the president now directly owns 36,057 shares in the company, valued at approximately $548,066.40. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 0.06% of the stock is currently owned by corporate insiders.

About Royce Value Trust

(Get Free Report)

Royce Value Trust Inc is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small cap and micro cap companies.