Royce Micro-Cap Trust Inc Stock Dividends Overview

RMT pays dividends quarterly. Last paid amount was $0.170 at Mar 22, 2024. As of today, dividend yield (TTM) is 8.27%.

Dividend Yield Range

The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
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Dividend Analysis

Key Stats

Dividend Yield (TTM) 8.27%
Frequency Quarterly
1Y Growth 0%
Payout Ratio 0
Amount Per Share $0.170
Royce Micro-Cap Trust Inc has not yet announced its next dividend date. Last payment date was: Mar 22, 2024.

RMT Dividend Payout History

To ensure a understanding of RMT's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 01, 2024 Mar 08, 2024 Mar 22, 2024 $0.170 1.84%
2 Dec 01, 2023 Dec 08, 2023 Dec 22, 2023 $0.220 2.38%
3 Sep 01, 2023 Sep 08, 2023 Sep 22, 2023 $0.170 2.06%
4 Jun 01, 2023 Jun 09, 2023 Jun 23, 2023 $0.170 2.00%
5 Mar 01, 2023 Mar 10, 2023 Mar 24, 2023 $0.180 2.13%
6 Dec 01, 2022 Dec 09, 2022 Dec 23, 2022 $0.280 3.22%
7 Sep 02, 2022 Sep 09, 2022 Sep 23, 2022 $0.210 2.67%
8 Jun 03, 2022 Jun 10, 2022 Jun 24, 2022 $0.230 2.67%
9 Mar 02, 2022 Mar 10, 2022 Mar 24, 2022 $0.230 2.19%
10 Dec 03, 2021 Dec 10, 2021 Dec 23, 2021 $0.280 2.43%

Dividend Sustainability

With a moderate Dividend Sustainability Score (DSS), the company may sustain its dividends, but continuous monitoring is advised for any financial shifts. However, its Dividend Growth Potential Score (DGPS) is only moderate, indicating limited growth potential. On the whole, the dividend outlook remains neutral, meriting close observation of both the company's financial health and growth prospects.

Sustainability score

Average (84.24%)

Growth potential

Decrease likely (47.37%)

RMT Dividend Calculator

Dividend Calculator is designed to forecast the potential returns from RMT dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in RMT stock here.

Comparing RMT to Sector and Country

RMT pays a solid dividend yield of 8.27%, which is higher than the average of the bottom 25% of dividend payers in the US market (1.86%). RMT’s dividend yield is lower than the average of the top 25% of dividend payers in the Financial Services sector in the US market (11.08%), which means that there are more attractive dividend stocks to consider.

FAQ

What factors can affect the amount of RMT's dividend payments?
The amount of RMT's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in RMT sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.

Can dividends from RMT stock be automatically reinvested?
If RMT offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy RMT stock.

How often does RMT pay dividend?
Royce Micro-Cap Trust Inc (RMT) pays dividends quarterly. The most recent payout was on Mar 22, 2024.

How much does RMT pays per share?
The last recorder (Mar 08, 2024) dividend per share was $0.170.

What is RMT dividend growth rate?
Over the last year, Royce Micro-Cap Trust Inc has witnessed growth rate of 0% . Looking back over the past 3 years, this growth rate has been -3.64%. Furthermore, examining the past 5 years, Royce Micro-Cap Trust Inc has maintained an average Dividends Per Share Growth Rate of 0%.
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About Royce Micro-Cap Trust Inc

Royce Micro-Cap Trust, Inc. is a closed-ended equity mutual fund launched and managed Royce & Associates, LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in value stocks of companies with market capitalization of less than $500 million. The fund benchmarks the performance of its portfolios against Russell 2000 Index. Royce... RMT Profile

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