Royce Global Trust, Inc. (NYSE-RGT) declares Year-end Common Stock Distribution of $0.47 Per Share

Rhea-AI Summary

Royce Global Trust (NYSE-RGT) has announced a year-end distribution of $0.47 per share on its Common Stock, payable on December 23, 2024. Stockholders of record date is December 12, 2024, with ex-dividend on the same date. The distribution comprises 91% ($0.4289) from net investment income and 9% ($0.0411) from net realized short-term gains, with no long-term gains or return of capital. Shareholders can choose to receive the distribution in additional shares or cash, with share pricing for reinvestment to be determined on December 19, 2024.

Positive

• 91% of distribution comes from net investment income, indicating strong investment performance
• Distribution maintains positive cash flow to shareholders

Negative

• None.

News Market Reaction

+0.51%

1 alert

+0.51% News Effect

On the day this news was published, RGT gained 0.51%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

NEW YORK, Dec. 2, 2024 /PRNewswire/ -- Royce Global Trust, Inc. (NYSE-RGT) (the "Fund") has declared a year-end distribution of $0.47 per share on its Common Stock.  The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is to be paid on December 23, 2024 to stockholders of record at the close of business on December 12, 2024 (ex-dividend on December 12, 2024).  The price of shares issued for reinvestment will be determined on December 19, 2024. 

The Fund's estimated sources of the distribution to be paid on December 23, 2024 are as follows:

Estimated Allocations as of November 30, 2024

FUND	DISTRIBUTION PER SHARE	NET INVESTMENT INCOME	NET REALIZED SHORT-TERM GAINS	NET REALIZED LONG-TERM GAINS	RETURN OF CAPITAL
RGT	$0.47	$0.4289 (91 %)	$0.0411 (9 %)	$0.00 (0 %)	$0.00 (0 %)

You should not draw any conclusions about the Fund's investment performance from the amount of the current distribution. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

About Royce Global Trust, Inc.

Royce Global Trust, Inc. is a closed-end diversified management investment company whose shares are listed and traded on the New York Stock Exchange. The Fund invests in both U.S. and non-U.S. common stocks (generally market caps up to $10 billion).

For further information on The Royce Funds℠, please visit our web site at: www.royceinvest.com.

View original content:https://www.prnewswire.com/news-releases/royce-global-trust-inc-nyse-rgt-declares-year-end-common-stock-distribution-of-0-47-per-share-302320057.html

SOURCE Royce Global Value Trust, Inc.

FAQ

What is the amount of Royce Global Trust's (RGT) year-end distribution for 2024?

Royce Global Trust (RGT) declared a year-end distribution of $0.47 per share for 2024.

When is the ex-dividend date for RGT's 2024 year-end distribution?

The ex-dividend date for RGT's year-end distribution is December 12, 2024.

What is the composition of RGT's 2024 year-end distribution?

The distribution consists of 91% ($0.4289) from net investment income and 9% ($0.0411) from net realized short-term gains.

When will RGT pay its 2024 year-end distribution?

RGT will pay the year-end distribution on December 23, 2024.