NEW YORK, March 3, 2025 /PRNewswire/ -- Royce Small-Cap Trust, Inc. (NYSE-RVT) has declared a quarterly distribution of $0.30 per share on its Common Stock. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on April 25, 2025 to stockholders of record at the close of business on March 15, 2025.
The declaration of the first quarter common stock distribution reflects the ongoing commitment of Royce Small-Cap Trust, Inc. to provide value to its stockholders. This distribution is a testament to the company's strong financial performance and its ability to generate consistent returns for its investors.
Stockholders have the option to receive the distribution in the form of additional shares of Common Stock or in cash. This flexibility allows investors to choose the payment method that best suits their individual needs and investment goals. The company's decision to offer this option demonstrates its dedication to providing stockholders with a high level of control over their investments.
The Record Date for the distribution is March 15, 2025, and the Payment Date is April 25, 2025. Stockholders who wish to receive the distribution in cash must make a specific election to do so. Stockholders who do not make a specific election will receive the distribution in the form of additional shares of Common Stock.
Royce Small-Cap Trust, Inc. is a close-ended equity mutual fund launched and managed by Royce & Associates, LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of small-cap companies with market capitalizations between $100 million and $5 billion. The company's investment portfolio is comprised of a diverse range of industries, including technology, healthcare, and finance.
The declaration of the first quarter common stock distribution is a significant development for Royce Small-Cap Trust, Inc. and its stockholders. It highlights the company's strong financial performance and its commitment to providing value to its investors. As the company continues to navigate the ever-changing landscape of the financial markets, it remains focused on delivering consistent returns and building long-term value for its stockholders.