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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 Micro-Cap Trust, Inc was formed on December 14, 1993 and is domiciled in the United States.

Royce Micro-Cap Trust Dividend Announcement

Royce Micro-Cap Trust announced a quarterly dividend of $0.18 per ordinary share which will be made payable on 2024-09-23. Ex dividend date: 2024-09-13
Royce Micro-Cap Trust annual dividend for 2024 was $0.53
Royce Micro-Cap Trust annual dividend for 2023 was $0.74
Royce Micro-Cap Trust's trailing twelve-month (TTM) dividend yield is 7.89%
Royce Micro-Cap Trust's payout ratio for the trailing twelve months (TTM) is 26.88%
Royce Micro-Cap Trust's dividend growth over the last five years (2018-2023) was -0.27% year
Royce Micro-Cap Trust's dividend growth over the last ten years (2013-2023) was -6.04% year

Royce Micro-Cap Trust Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-13$0.18quarterly2024-09-23
2024-06-13$0.18quarterly2024-06-24
2024-03-08$0.17quarterly2024-03-22
2023-12-08$0.22quarterly2023-12-22
2023-09-08$0.17quarterly2023-09-22
2023-06-09$0.17quarterly2023-06-23
2023-03-10$0.18quarterly2023-03-24
2022-12-09$0.28quarterly2022-12-23
2022-09-09$0.21quarterly2022-09-23
2022-06-10$0.23quarterly2022-06-24
2022-03-10$0.23quarterly2022-03-24
2021-12-10$0.28quarterly2021-12-23
2021-09-10$0.21quarterly2021-09-24
2021-06-10$0.16quarterly2021-06-25
2021-03-10$0.16quarterly2021-03-24
2020-12-10$0.15quarterly2020-12-24
2020-09-10$0.15quarterly2020-09-25
2020-06-10$0.15quarterly2020-06-25
2020-03-11$0.16quarterly2020-03-24
2019-12-11$0.16quarterly2019-12-27
2019-09-12$0.17quarterly2019-09-26
2019-06-12$0.17quarterly2019-06-24
2019-03-08$0.18quarterly2019-03-22
2018-12-12$0.21quarterly2018-12-27
2018-09-13$0.18quarterly2018-09-26
2018-06-08$0.18quarterly2018-06-27
2018-03-09$0.18quarterly2018-03-23
2017-12-12$0.20quarterly2017-12-27
2017-09-12$0.17quarterly2017-09-26
2017-06-09$0.16quarterly2017-06-27
2017-03-10$0.16quarterly2017-03-24
2016-12-09$0.16quarterly2016-12-27
2016-09-09$0.15quarterly2016-09-26
2016-06-09$0.16quarterly2016-06-27
2016-03-10$0.17quarterly2016-03-24
2015-12-10$0.61quarterly2015-12-28
2015-09-10$0.20quarterly2015-09-25
2015-06-11$0.22quarterly2015-06-26
2015-03-11$0.23quarterly2015-03-25
2014-12-11$2.19quarterly2014-12-26
2014-09-11$0.24quarterly2014-09-26
2014-06-12$0.24quarterly2014-06-27
2014-03-11$0.23quarterly2014-03-25
2013-12-11$0.97quarterly2013-12-27
2013-09-12$0.14quarterly2013-09-27
2013-06-12$0.14quarterly2013-06-27
2013-03-04$0.13quarterly2013-03-25

Royce Micro-Cap Trust Dividend per year

Royce Micro-Cap Trust Dividend growth

Royce Micro-Cap Trust Dividend Yield

Royce Micro-Cap Trust current trailing twelve-month (TTM) dividend yield is 7.89%. Interested in purchasing Royce Micro-Cap Trust stock? Use our calculator to estimate your expected dividend yield:

Royce Micro-Cap Trust Financial Ratios

P/E ratio4.06
PEG ratio-0.58
P/B ratio0.90
ROE23.00%
Payout ratio26.88%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.00

Royce Micro-Cap Trust Dividend FAQ

How much is the next Royce Micro-Cap Trust dividend?
Royce Micro-Cap Trust's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Royce Micro-Cap Trust dividend. The next Royce Micro-Cap Trust dividend will be released in March, June, September, or December.
When is Royce Micro-Cap Trust dividend paid?
Royce Micro-Cap Trust pays dividends on a quarterly basis. The specific dates may vary each year but are generally around March, June, September, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Royce Micro-Cap Trust pay?
The specific amount of Royce Micro-Cap Trust dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Royce Micro-Cap Trust's dividend history.
Does Royce Micro-Cap Trust stock pay dividends?
Yes, Royce Micro-Cap Trust does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Royce Micro-Cap Trust's dividend history.
How much dividend does Royce Micro-Cap Trust pay?
Royce Micro-Cap Trust paid $0.53 in 2024, $0.74 in 2023, $0.95 in 2022, $0.812 in 2021, and $0.61 in 2020.
How often does Royce Micro-Cap Trust pay dividends?
Royce Micro-Cap Trust typically pays dividends on a quarterly basis. This means that dividends are usually distributed 4 times a year. The specific payout dates may vary each year but generally fall around March, June, September, and December.
What is Royce Micro-Cap Trust's dividend yield?
The current dividend yield for Royce Micro-Cap Trust is 7.89%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Royce Micro-Cap Trust's exact dividend yield.
When does Royce Micro-Cap Trust go ex dividend?
Royce Micro-Cap Trust's ex-dividend date for the latest dividend was on 2024-09-13. Royce Micro-Cap Trust typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Royce Micro-Cap Trust dividend paid?
Royce Micro-Cap Trust pays dividends on a quarterly basis, typically around March, June, September, or December, but the exact dates can vary each year.
Will Royce Micro-Cap Trust increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Royce Micro-Cap Trust will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Royce Micro-Cap Trust dividend per share?
Royce Micro-Cap Trust paid $0.53 per share in 2024 and $0.74 per share in 2023. The amount of dividend per share that Royce Micro-Cap Trust pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Royce Micro-Cap Trust a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Royce Micro-Cap Trust a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Royce Micro-Cap Trust a dividend stock?
Yes, Royce Micro-Cap Trust is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Royce Micro-Cap Trust a good dividend stock?
Whether Royce Micro-Cap Trust is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Royce Micro-Cap Trust has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Royce Micro-Cap Trust as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Royce Micro-Cap Trust pay dividends monthly?
Royce Micro-Cap Trust typically pays dividends on a quarterly basis.
Does Royce Micro-Cap Trust pay dividends quarterly?
Royce Micro-Cap Trust currently pays dividends on a quarterly basis.
Has Royce Micro-Cap Trust ever paid a dividend?
Yes, Royce Micro-Cap Trust has a history of paying dividends to its shareholders. Royce Micro-Cap Trust is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Royce Micro-Cap Trust dividend stocks?
To buy Royce Micro-Cap Trust you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Royce Micro-Cap Trust stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Royce Micro-Cap Trust pay dividends 2024?
Royce Micro-Cap Trust pays dividends on a quarterly basis. 2024 dividend payments are in 2024-09-23. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Royce Micro-Cap Trust increase its dividend in 2024?
Decisions regarding Royce Micro-Cap Trust dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Royce Micro-Cap Trust dividend overview you can look into the above table of dividend history.
How Royce Micro-Cap Trust dividend works?
The Royce Micro-Cap Trust dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Royce Micro-Cap Trust's dividend process works:

1. Determination of Dividend: Royce Micro-Cap Trust's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Royce Micro-Cap Trust publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Royce Micro-Cap Trust distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Royce Micro-Cap Trust are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Royce Micro-Cap Trust dividends paid?
Royce Micro-Cap Trust dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Royce Micro-Cap Trust sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Royce Micro-Cap Trust distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Royce Micro-Cap Trust declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Royce Micro-Cap Trust pay dividends?
Royce Micro-Cap Trust typically pays dividends on a quarterly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Royce Micro-Cap Trust pay dividends?
The general pattern is that Royce Micro-Cap Trust pays dividends around March, June, September, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Royce Micro-Cap Trust dividend safe?
The safety of Royce Micro-Cap Trust's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Royce Micro-Cap Trust's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Royce Micro-Cap Trust's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.