Royce Small-Cap Trust Announces First Quarter Common Stock Distribution of $0.30
Royce Small-Cap Trust, Inc. (NYSE-RVT) recently made headlines by announcing a quarterly distribution of $0.30 per share on its Common Stock for the first quarter of 2025. This move is part of the Trust's ongoing commitment to reward its shareholders through regular financial returns. The distribution is scheduled to be paid on March 26, 2025, to stockholders on record as of the close of business on March 13, 2025, which is also the 'ex-dividend' date.
One of the notable aspects of this distribution is that it can be received either in cash or reinvested into additional shares of Common Stock, depending on the preferences of individual shareholders. The price for these issued shares for reinvestment will be determined on March 20, 2025. This flexibility allows investors to tailor their approach in accordance with their financial strategies and market conditions.
In an effort to maintain transparency regarding the sources of these distributions, Royce Small-Cap Trust provided a breakdown of the estimated allocations. For the announced distribution of $0.30 per share, it is estimated that 10% of this amount will come from net realized short-term gains, while a significant 90% is attributed to net realized long-term gains. There are no allocations from net investment income or return of capital, highlighting how the distribution is rooted in positive performance metrics.
This quarterly distribution is a part of Royce Small-Cap Trust's Distribution Policy, which proactively pays distributions at an annual rate of 7% based on the average net asset values (NAVs) over the previous four calendar quarters. The policy's specifics can change at the discretion of the Fund's Board of Directors, ensuring that it remains responsive to market conditions and shareholder interests.
Investors may take a keen interest in the performance of Royce Small-Cap Trust over the years. As of the end of February 2025, the Fund has achieved an average annual total return of 11.51% over a five-year period in relation to NAV. Moreover, the current distribution rate stands at 7.26%, as expressed as a percentage of the NAV as of the same date. Despite a cumulative total return decline of 2.71% for the fiscal year up to February 28, 2025, shareholders remain hopeful about the long-term growth potential that the Trust aims to ensure.
In conclusion, Royce Small-Cap Trust, Inc. continues to showcase its commitment to shareholder value through regular distributions, and with its strategic investment in small-cap equity securities, the Fund remains dedicated to achieving long-term capital growth. As the economic landscape evolves, investors are encouraged to stay informed about any changes in policy and distribution practices of the Trust, as these can significantly influence financial decisions moving forward.
One of the notable aspects of this distribution is that it can be received either in cash or reinvested into additional shares of Common Stock, depending on the preferences of individual shareholders. The price for these issued shares for reinvestment will be determined on March 20, 2025. This flexibility allows investors to tailor their approach in accordance with their financial strategies and market conditions.
In an effort to maintain transparency regarding the sources of these distributions, Royce Small-Cap Trust provided a breakdown of the estimated allocations. For the announced distribution of $0.30 per share, it is estimated that 10% of this amount will come from net realized short-term gains, while a significant 90% is attributed to net realized long-term gains. There are no allocations from net investment income or return of capital, highlighting how the distribution is rooted in positive performance metrics.
This quarterly distribution is a part of Royce Small-Cap Trust's Distribution Policy, which proactively pays distributions at an annual rate of 7% based on the average net asset values (NAVs) over the previous four calendar quarters. The policy's specifics can change at the discretion of the Fund's Board of Directors, ensuring that it remains responsive to market conditions and shareholder interests.
Investors may take a keen interest in the performance of Royce Small-Cap Trust over the years. As of the end of February 2025, the Fund has achieved an average annual total return of 11.51% over a five-year period in relation to NAV. Moreover, the current distribution rate stands at 7.26%, as expressed as a percentage of the NAV as of the same date. Despite a cumulative total return decline of 2.71% for the fiscal year up to February 28, 2025, shareholders remain hopeful about the long-term growth potential that the Trust aims to ensure.
In conclusion, Royce Small-Cap Trust, Inc. continues to showcase its commitment to shareholder value through regular distributions, and with its strategic investment in small-cap equity securities, the Fund remains dedicated to achieving long-term capital growth. As the economic landscape evolves, investors are encouraged to stay informed about any changes in policy and distribution practices of the Trust, as these can significantly influence financial decisions moving forward.
Topics Financial Services & Investing）
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