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Royce Micro-Cap Trust (Royce Micro-Cap Trust) 5-Year Dividend Growth Rate : 3.70% (As of Dec. 2023)


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What is Royce Micro-Cap Trust 5-Year Dividend Growth Rate?

Royce Micro-Cap Trust's Dividends per Share for the six months ended in Dec. 2023 was $0.39.

During the past 12 months, Royce Micro-Cap Trust's average Dividends Per Share Growth Rate was -22.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.70% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 3.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

During the past 7 years, the highest 3-Year average Dividends Per Share Growth Rate of Royce Micro-Cap Trust was 11.80% per year. The lowest was 3.80% per year. And the median was 5.75% per year.

Royce Micro-Cap Trust's Dividend Payout Ratio for the six months ended in Dec. 2023 was 0.28. As of today, Royce Micro-Cap Trust's Dividend Yield % is 8.21%.

Warning Sign:

Royce Micro-Cap Trust Inc stock dividend yield is close to 2-year low.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of Royce Micro-Cap Trust's 5-Year Dividend Growth Rate

For the Asset Management subindustry, Royce Micro-Cap Trust's 5-Year Dividend Growth Rate, along with its competitors' market caps and 5-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Royce Micro-Cap Trust's 5-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Royce Micro-Cap Trust's 5-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where Royce Micro-Cap Trust's 5-Year Dividend Growth Rate falls into.



Royce Micro-Cap Trust 5-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with least square regression.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


Royce Micro-Cap Trust  (NYSE:RMT) 5-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

Royce Micro-Cap Trust's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2023 )/ EPS without NRI (Q: Dec. 2023 )
=0.39/ 1.38
=0.28

During the past 7 years, the highest Dividend Payout Ratio of Royce Micro-Cap Trust was 0.50. The lowest was 0.21. And the median was 0.34.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

Royce Micro-Cap Trust Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1702024-03-082024-03-112024-03-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.2202023-12-082023-12-112023-12-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-09-082023-09-112023-09-22Cash DividendquarterlyUSD:USD 1.000000
USD 0.1702023-06-092023-06-122023-06-23Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

Royce Micro-Cap Trust's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.73/8.89
=8.21 %

Current Share Price is $8.89.
Royce Micro-Cap Trust's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.73.

During the past 7 years, the highest Dividend Yield of Royce Micro-Cap Trust was 14.35%. The lowest was 4.92%. And the median was 8.60%.

Warning Sign:

Royce Micro-Cap Trust Inc stock dividend yield is close to 2-year low.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Royce Micro-Cap Trust 5-Year Dividend Growth Rate Related Terms

Thank you for viewing the detailed overview of Royce Micro-Cap Trust's 5-Year Dividend Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.


Royce Micro-Cap Trust (Royce Micro-Cap Trust) Business Description

Traded in Other Exchanges
N/A
Address
745 Fifth Avenue, New York, NY, USA, 10151
Royce Micro-Cap Trust Inc is a diversified closed-end investment company. The company is engaged in investing in micro-cap securities. It invests in the consumer discretionary sector including auto components, automobiles, diversified consumer services, hotels, restaurants and leisure, household durables, internet and catalog retail, leisure products, media, multiline retail, textiles, apparel, and luxury goods, Consumer staples sector including beverages, food, and staples retailing, food products, and personal products, Energy sector including energy equipment and services, and oil, gas, and consumable fuels. The company also invests in other sectors including healthcare, financials, industrials, IT, telecommunications, and materials.
Executives
Julia Ward Poston director C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Christopher C. Grisanti director 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
O Byrne Daniel A officer: Vice President, other: VP - Investment Advisor ROYCE & ASSOCIATES, 745 FIFTH AVENUE, NEW YORK NY 10151
G Peter Obrien director C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Michael K. Shields director C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Christopher D Clark officer: Vice President, other: President - Investment Advisor 745 FIFTH AVENUE, SUITE 2400, NEW YORK NY 10151
Cecile Burleigh Harper director C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
Charles M Royce director, officer: President, other: President-Investment Adviser C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
John E Denneen officer: Secretary, other: Secretary-Investment Adviser C/O ROYCE & ASSOCIATES LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Richard M Galkin director, other: Director through 2/26/2016. C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Arthur S Mehlman director C/O ROYCE & ASSOCIATES, 745 FIFTH AVENUE, NEW YORK NY 10151
John D Diederich officer: Vice President & Treasurer, other: COO & CFO - Investment Adviser ROYCE & ASSOCIATES LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Peter K Hoglund officer: Treasuer, other: CFO Investment Advisor 745 FIFTH AVENUE, SUITE 2300, NEW YORK NY 10151
W Whitney George director, officer: Vice President, other: VP-Royce, through 11/10/2014 C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151
Fockler Jack E. Jr. officer: Vice President, other: VP - Investment Advisor C/O ROYCE & ASSOCIATES, LLC, 745 FIFTH AVENUE, NEW YORK NY 10151

Royce Micro-Cap Trust (Royce Micro-Cap Trust) Headlines