Royce Value Trust Inc (NYSE:RVT) VP Byrne Daniel A. O bought 7,000 shares of Royce Value Trust stock in a transaction on Monday, March 23rd. The shares were purchased at an average cost of $7.96 per share, with a total value of $55,720.00. Following the acquisition, the vice president now directly owns 7,000 shares of the company’s stock, valued at $55,720. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Royce Value Trust stock opened at $9.40 on Thursday. The business has a 50 day simple moving average of $12.71 and a two-hundred day simple moving average of $13.91. Royce Value Trust Inc has a 12 month low of $7.50 and a 12 month high of $15.34.
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Thursday, March 12th were issued a dividend of $0.28 per share. The ex-dividend date was Wednesday, March 11th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 11.91%. This is a boost from Royce Value Trust’s previous quarterly dividend of $0.26.
About Royce Value Trust
Royce Value Trust Inc is a close ended equity mutual fund launched and managed by Royce & Associates, LLC. It invests in the public equity markets of the United States. 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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