#United States #New York #Dividend #NYSE-RMT #Royce Micro-Cap Trust

Royce Micro-Cap Trust, Inc. Announces Dividend for Q1 2025

The Royce Micro-Cap Trust, Inc. (NYSE: RMT) has officially declared a quarterly distribution of $0.19 per share on its common stock. This announcement, made on March 3, 2025, signifies the trust's commitment to ensuring returns for its investors.

This distribution is payable on March 26, 2025, to stockholders who are on record as of the close of business on March 13, 2025 (the ex-dividend date). Furthermore, stockholders have the option to receive their distribution in either cash or additional shares of common stock, depending upon their individual preference. The exact price at which shares will be issued for those choosing to reinvest will be determined on March 20, 2025.

Distribution Policy Overview

Royce Micro-Cap Trust has implemented a policy of quarterly distributions on its common stock, which currently offers an annual distribution rate of 7% based on the rolling average of the net asset values (NAVs) from the previous four quarters. Notably, the distribution rate for the fourth quarter is the greater of 1.75% of the rolling average or the IRS-mandated minimum distribution.

This policy, including the annual rate, is open to adjustments at the discretion of the Fund's Board of Directors. As required, stockholders will be provided with a Form 1099-DIV at the end of the calendar year, which will detail how to report these distributions for federal income tax purposes.

Estimated Sources of the Distribution

For the upcoming March distribution and the year-to-date figures for 2025, Royce Micro-Cap Trust has detailed the projected sources of this distribution:

• - Net Investment Income: $0.00 (0% of distribution)
• - Net Realized Short-Term Gains: $0.0356 (19% of distribution)
• - Net Realized Long-Term Gains: $0.1544 (81% of distribution)
• - Return of Capital: $0.00 (0% of distribution)

It is worth noting that while these figures serve as estimates, they do not provide conclusive insights into the Fund's overall investment performance or may fluctuate based on various factors, including tax regulations and market conditions.

Fund Performance Highlights

As of February 28, 2025, Royce Micro-Cap Trust's performance metrics include:

• - Average Annual Total Return over five years: 12.77%
• - Annualized Current Distribution Rate: 7.26%
• - Cumulative Total Return for the fiscal year to 2/28/2025: -4.64%
• - Cumulative Fiscal Year Distribution Rate: 1.81%

These performance metrics offer valuable insights for existing and potential investors regarding the trust's objectives focused on long-term capital growth by specifically investing in equity securities of companies with market capitalizations of $750 million or less.

Summary

In conclusion, Royce Micro-Cap Trust, Inc.'s announcement of a $0.19 distribution per share underscores its mission to reward its investors while navigating the complexities of micro-cap investments. As the trust continuing its commitment to quarterly distributions, investors are encouraged to consider these opportunities in alignment with their overall investment strategies.

For more information on this announcement and other updates from Royce Micro-Cap Trust, please visit their official website or contact your financial advisor directly.