Japan Smaller Capitalization Fund, Inc. Announces Monthly Distributions for October, November and December 2025 Under Its Level Distribution Plan
Rhea-AI Summary
Japan Smaller Capitalization Fund (NYSE:JOF) has announced its monthly cash distributions under its Level Distribution Plan (LDP) for October, November, and December 2025. The Fund will distribute $0.0887 per share for each month, with payments scheduled for October 31, November 28, and December 31, 2025.
The LDP aims to provide shareholders with consistent monthly distributions, which can be derived from net investment income, realized capital gains, and/or return of shareholder capital. Distributions will be made in cash, though shareholders can opt for Fund shares through the dividend-reinvestment plan.
The Fund emphasizes that these distributions support its objective of delivering competitive performance and stable returns to shareholders.Positive
- Consistent monthly distribution of $0.0887 per share maintained
- Flexible distribution sources including investment income and capital gains
- Option for shareholders to reinvest dividends into Fund shares
Negative
- Distributions may include return of shareholder capital, which could impact long-term fund value
- No guarantee of fixed distribution rates despite LDP structure
News Market Reaction 1 Alert
On the day this news was published, JOF declined 0.28%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
NEW YORK, Sept. 12, 2025 (GLOBE NEWSWIRE) -- Japan Smaller Capitalization Fund, Inc. (the “Fund”) (NYSE: JOF) today declared monthly cash distributions to common shareholders pursuant to its Level Distribution Plan (“LDP”) as follows:
| Record Date | Ex-Dividend Date | Payment Date | Distribution Amount | |
| October 15, 2025 | October 15, 2025 | October 31, 2025 | ||
| November 14, 2025 | November 14, 2025 | November 28, 2025 | ||
| December 15, 2025 | December 15, 2025 | December 31, 2025 | ||
The LDP is intended to provide shareholders with a constant, though not guaranteed, fixed rate of distribution each month.
Distributions will be made primarily in cash but under the Fund’s dividend-reinvestment plan, distributions will be made in Fund shares unless a shareholder has elected to receive cash. Shares held with a broker-dealer will receive distributions in cash.
Under the LDP, distributions may be derived from any combination of: (i) net investment income, (ii) realized capital gains, and/or (iii) a return of shareholder capital. The actual composition for each fiscal year will be reported to shareholders on Form 1099-DIV after year-end. Estimates provided in any monthly notice or in this press release are not intended for tax-reporting purposes and should not be relied upon as such.
The Fund cannot predict what effect, if any, the LDP will have on the market price of its shares, or whether such market price will trade at a narrower or wider discount to Net Asset Value (“NAV”) compared to levels prior to the Plan’s adoption.
Continued Focus on Long-Term Value
Today’s announcement represents the Fund’s objective to deliver competitive performance and stable distributions to shareholders. The Board and Nomura Asset Management U.S.A. Inc. (“NAM-U.S.A.”) remain committed to delivering long-term value creation and addressing the interests of our shareholders.
About the Fund
The Fund invests primarily in the securities of smaller capitalization companies in Japan and is designed for investors seeking long-term capital appreciation. The Manager of the Fund is NAM-U.S.A., which is based in New York. NAM-U.S.A. is a subsidiary of Nomura Asset Management Co., Ltd., which is one of the largest investment advisory companies in Japan in terms of assets under management and serves as the investment adviser to the Fund.
Forward Looking Statements
Certain information discussed in this press release may constitute forward-looking statements within the meaning of U.S. federal securities laws. Although the Fund and NAM-U.S.A. believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, the Fund and NAM-U.S.A. can give no assurance that their expectations will be achieved. Forward-looking information is subject to certain risks, trends, and uncertainties that could cause actual results to differ materially from those projected.
Contact: Maria Premole
1-800-833-0018
JOFInvestorRelations@nomura-asset.com
FAQ
What is the monthly distribution amount for JOF stock in Q4 2025?
When are the JOF dividend payment dates for Q4 2025?
What is JOF's Level Distribution Plan (LDP)?
How can JOF shareholders receive their distributions?
What are the record dates for JOF's Q4 2025 distributions?
