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Royce Micro-Cap Trust (Royce Micro-Cap Trust) 5-Year Yield-on-Cost %

: 10.09 (As of Today)
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Royce Micro-Cap Trust's yield on cost for the quarter that ended in Dec. 2023 was 10.09.


The historical rank and industry rank for Royce Micro-Cap Trust's 5-Year Yield-on-Cost % or its related term are showing as below:

RMT' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 5.9   Med: 10.33   Max: 17.21
Current: 10.09


During the past 7 years, Royce Micro-Cap Trust's highest Yield on Cost was 17.21. The lowest was 5.90. And the median was 10.33.


RMT's 5-Year Yield-on-Cost % is ranked better than
77.3% of 1216 companies
in the Asset Management industry
Industry Median: 6.05 vs RMT: 10.09

Competitive Comparison

For the Asset Management subindustry, Royce Micro-Cap Trust's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % Distribution

For the Asset Management industry and Financial Services sector, Royce Micro-Cap Trust's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Royce Micro-Cap Trust's 5-Year Yield-on-Cost % falls into.



Royce Micro-Cap Trust 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Royce Micro-Cap Trust is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Royce Micro-Cap Trust  (NYSE:RMT) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Royce Micro-Cap Trust 5-Year Yield-on-Cost % Related Terms

Thank you for viewing the detailed overview of Royce Micro-Cap Trust's 5-Year Yield-on-Cost % 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