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Stock impact report

Royce Micro-Cap Trust, Inc. (NYSE-RMT) declares Third Quarter Common Stock Distribution of $0.18 Per Share [Yahoo! Finance]

Royce Micro-Cap Trust, Inc. (RMT) 
Company Research Source: Yahoo! Finance
The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on September 23, 2024 to stockholders of record at the close of business on September 13, 2024 (ex-dividend on September 13 , 2024). The price of shares issued for reinvestment will be determined on September 20, 2024 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. The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a r Show less Read more
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