Royce Global Value Trust About To Put More Money In Your Pocket (RGT)

Royce Global Value Trust About To Put More Money In Your Pocket (RGT)

By Dividend Channel Staff, Monday, December 9, 10:06 AM ET

On 12/11/19, Royce Global Value Trust Inc (NYSE: RGT) will trade ex-dividend, for its annual dividend of $0.06, payable on 12/27/19. As a percentage of RGT's recent stock price of $11.20, this dividend works out to approximately 0.54%, so look for shares of Royce Global Value Trust Inc to trade 0.54% lower — all else being equal — when RGT shares open for trading on 12/11/19.

Below is a dividend history chart for RGT, showing historical dividends prior to the most recent $0.06 declared by Royce Global Value Trust Inc:

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from RGT is likely to continue, and whether the current estimated yield of 0.54% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of RGT shares, versus its 200 day moving average:

Looking at the chart above, RGT's low point in its 52 week range is $8.29 per share, with $11.225 as the 52 week high point — that compares with a last trade of $11.20.Special Offer: Receive our best dividend ideas directly to your inbox each afternoon with the Dividend Channel Premium Newsletter

In Monday trading, Royce Global Value Trust Inc shares are currently off about 0.2% on the day.