During the past 12 months, Royce Small-Cap Trust's average Dividends Per Share Growth Rate was 11.80% per year.
During the past 3 years, the average Dividends Per Share Growth Rate was 2.50% per year.
During the past 5 years, the average Dividends Per Share Growth Rate was 1.50% per year.
During the past 9 years, the highest 3-Year average Dividends Per Share Growth Rate of Royce Small-Cap Trust was 9.90% per year. The lowest was -8.70% per year. And the median was 1.75% per year.
The growth rate is calculated with least square regression.
For more information regarding to dividend, please check our Dividend Page.
Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.
Dividends may also qualify a lower tax rate for investors.
In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.
Royce Small-Cap Trust Forward Dividend Yield % Related Terms
RVT vs CLM, KYN, GOF: Forward Dividend Yield % Comparison
For the Asset Management subindustry, Royce Small-Cap Trust's Forward Dividend Yield %, along with its competitors' market caps and Forward Dividend Yield % 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 Small-Cap Trust Forward Dividend Yield % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Royce Small-Cap Trust's Forward Dividend Yield % distribution charts can be found below:
* The bar in red indicates where Royce Small-Cap Trust's Forward Dividend Yield % falls into.
Dividend Yield measures how much a company pays out in dividends each year relative to its share price.
Royce Small-Cap Trust Recent Full-Year* Dividend History
Amount
Ex-date
Record Date
Pay Date
Type
Frequency
Forex Rate
USD 0.310000
2026-06-11
2026-06-11
2026-06-29
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.300000
2026-03-12
2026-03-12
2026-03-30
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.540000
2025-12-11
2025-12-11
2025-12-24
Cash Dividend
quarterly
USD:USD 1.000000
USD 0.290000
2025-09-12
2025-09-12
2025-09-25
Cash Dividend
quarterly
USD: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 Small-Cap Trust's Forward Annual Dividend Yield (%) for Today is calculated as
* 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.
What does a Forward Dividend Yield % of 7.99% mean?
Royce Small-Cap Trust (RVT) has a Forward Dividend Yield % of 7.99% as of Jun. 24, 2026. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Royce Small-Cap Trust and its competitors. According to the industry distribution chart, Royce Small-Cap Trust ranks #359 out of 1107 companies in the Asset Management industry, placing it in the top 32.4%.
Is Royce Small-Cap Trust's Forward Dividend Yield % too high?
Royce Small-Cap Trust's current Forward Dividend Yield % is 7.99%. The Asset Management industry median Forward Dividend Yield % is 6.17. Royce Small-Cap Trust's value of 7.99% is 29.5% above this industry median. Based on the distribution chart, Royce Small-Cap Trust ranks #359 out of 1107 companies in the Asset Management industry, which is above the industry midpoint. Overall, Royce Small-Cap Trust has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Royce Small-Cap Trust's Forward Dividend Yield % compare to CLM and KYN?
According to the Asset Management industry distribution chart, Royce Small-Cap Trust ranks #359 out of 1107 companies for Forward Dividend Yield %. This puts Royce Small-Cap Trust in the upper half of its industry. The industry median Forward Dividend Yield % is 6.17. Royce Small-Cap Trust's value of 7.99% is 29.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward Dividend Yield % for an Asset Management company?
The median Forward Dividend Yield % among Asset Management companies is 6.17, based on 1,107 companies in the industry. Companies in the top quartile (top 25%) have a Forward Dividend Yield % significantly above this median, while those in the bottom quartile fall well below. However, Forward Dividend Yield % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Royce Small-Cap Trust's current Forward Dividend Yield % of 7.99% is 29.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward Dividend Yield % mean?
A high Forward Dividend Yield % can signal that a stock is expensive relative to its fundamentals. Forward dividend yield is the ratio of company's expected dividends to the share price. View historical data on Royce Small-Cap Trust and its competitors. For the Asset Management industry, the median Forward Dividend Yield % is 6.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royce Small-Cap Trust's current Forward Dividend Yield % is 7.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royce Small-Cap Trust stock overvalued right now?
Based on GuruFocus' analysis, Royce Small-Cap Trust (RVT) is currently considered Fairly Valued. The stock's GF Value™ is $16.62, compared to a current price of $18.06 — trading 8.7% above its estimated fair value. The current Forward Dividend Yield % is 7.99% and 29.5% above the Asset Management industry median of 6.17. Royce Small-Cap Trust's overall GF Score™ is 51/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward Dividend Yield % calculated?
Forward Dividend Yield % is calculated from a company's financial statements. For Royce Small-Cap Trust (RVT), the current Forward Dividend Yield % is 7.99% as of Jun. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Royce Small-Cap Trust (RVT) Overvalued in 2026?
Based on GuruFocus' analysis, Royce Small-Cap Trust stock appears to be overvalued.
The current stock price of $18.06 is trading 8.7% above its estimated GF Value™ of $16.62.
GuruFocus considers Royce Small-Cap Trust to be Fairly Valued.
Key valuation signals for RVT:
Forward Dividend Yield %: 7.99%
GF Value™: $16.62 vs. price of $18.06 (8.7% above fair value)
Industry Position: 29.5% above the Asset Management median (#359 of 1107)
No single metric tells the full story. See the RVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Royce Small-Cap Trust Inc is a diversified closed-end investment company that invests in equity securities of small-cap companies. The company portfolio includes sectors such as Industrials, Financials, Information Technology, Health Care, and Consumer Discretionary.
51GF Score
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