Royce Micro-Cap Trust, Inc.

NYSE:RMT Stock Report

Market Cap: US$435.3m

Royce Micro-Cap Trust Dividend

Dividend criteria checks 3/6

Royce Micro-Cap Trust is a dividend paying company with a current yield of 8.18% that is well covered by earnings.

Key information

8.2%

Dividend yield

50%

Payout ratio

Industry average yield2.4%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per sharen/a
Earnings per shareUS$1.50
Dividend yield forecast in 3Yn/a

Recent dividend updates

Recent updates

Royce Micro Cap Trust: 13% Discount, 7% Yield

Apr 07

In The Year Of The Small-Caps, RMT Is The Answer

Jan 10

RMT: Outperforming The Russell 2000 And Russell Microcap Index On Most Time Frames

Oct 13

Royce Micro Cap Trust Has A Lot To Like

Aug 03

RVT Vs. RMT: In Pursuit Of Stable Income

Jan 08

RMT: Diversified Micro-Cap CEF Generates Strong Yield, Outperforms Market

Oct 14

Royce Micro-Cap Trust dips dividend -8.7% to $0.21/shares

Sep 02

RMT - A Rare CEF That Outperforms Its Index

Apr 12

RMT: A Forgotten Fund With A Stellar Track Record

Jan 06

Royce Micro-Cap Trust declares $0.15 dividend

Dec 01

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: RMT's dividend payments have been volatile in the past 10 years.

Growing Dividend: RMT's dividend payments have fallen over the past 10 years.


Dividend Yield vs Market

Royce Micro-Cap Trust Dividend Yield vs Market
How does RMT dividend yield compare to the market?
SegmentDividend Yield
Company (RMT)8.2%
Market Bottom 25% (US)1.6%
Market Top 25% (US)4.8%
Industry Average (Capital Markets)2.4%
Analyst forecast in 3 Years (RMT)n/a

Notable Dividend: RMT's dividend (8.18%) is higher than the bottom 25% of dividend payers in the US market (1.55%).

High Dividend: RMT's dividend (8.18%) is in the top 25% of dividend payers in the US market (4.77%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50.5%), RMT's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (131.6%), RMT's dividend payments are not well covered by cash flows.

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.