Royce Global Value Trust Inc (NYSE:RGT) announced an annual dividend on Wednesday, December 4th, Wall Street Journal reports. Shareholders of record on Thursday, December 12th will be given a dividend of 0.06 per share on Friday, December 27th. This represents a yield of 0.4%. The ex-dividend date is Wednesday, December 11th. This is a boost from Royce Global Value Trust’s previous annual dividend of $0.04.
RGT traded up $0.13 during trading on Wednesday, reaching $11.11. 5,900 shares of the stock were exchanged, compared to its average volume of 16,142. The business’s 50 day moving average price is $10.64 and its two-hundred day moving average price is $10.30. Royce Global Value Trust has a 1 year low of $8.29 and a 1 year high of $11.11.
In related news, CEO Christopher D. Clark acquired 8,230 shares of Royce Global Value Trust stock in a transaction dated Thursday, November 14th. The shares were acquired at an average cost of $10.93 per share, for a total transaction of $89,953.90. Also, CEO Christopher D. Clark acquired 5,500 shares of Royce Global Value Trust stock in a transaction dated Wednesday, September 11th. The stock was bought at an average price of $10.18 per share, for a total transaction of $55,990.00.
Royce Global Value Trust, Inc was a closed ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets across the globe. The fund spreads its investments across diversified sectors. It invests in value oriented stocks of small-cap and micro-cap companies.
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