Royce Micro-Cap Trust, Inc. Declares Third Quarter Common Stock Distribution, Payable on September 25, 2020
September 01, 2020 at 02:57 pm EDT
Share
Royce Micro-Cap Trust, Inc. has declared a quarterly distribution of $0.15 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on September 25, 2020 to stockholders of record at the close of business on September 11, 2020 (ex-dividend on September 10, 2020). The price of shares issued for reinvestment will be determined on September 18, 2020.
Royce Micro-Cap Trust, Inc. (the Fund) is a diversified closed-end investment company. The Fund's investment objective is long-term growth of capital, which it seeks by investing primarily in equity securities of companies. The Fund primarily invests in micro-cap securities. It normally invests at least 80% of its net assets, such as common stock and preferred stock. In addition, under normal circumstances, at least 40% of its net assets will be invested in the equity securities of companies. The Royce Investment Partners (Royce) is the Fundâs investment adviser.