Royce Small-Cap Trust Increases Quarterly Dividend by 6.5%
Royce Small-Cap Trust Inc (RVT) has raised its quarterly dividend to $0.33 per share, representing a 6.5% increase from the previous payout of $0.31. The new dividend will be payable on September 29 and is applicable for shareholders recorded as of September 11. This adjustment results in an expected forward yield of 7.25%, which may attract income-focused investors seeking stable returns. The move reflects RVT's confidence in its financial position amid a challenging market environment, particularly within the small-cap sector. The trust has been highlighted for strategies aimed at navigating sustained leadership and adapting to more volatile conditions. This increase could reinforce investor sentiment around RVT as it continues positioning itself with an eye toward 2026. The dividend raise is part of broader efforts by Royce Small-Cap Trust Inc to maintain a competitive edge in the closed-end fund (CEF) space, where consistent income generation remains a key differentiator.
Topics: closed-end funds dividend income investing