Royce Global Value Trust, Inc. Establishes Record Date for Fourth Quarter Common Stock Distribution
Royce Global Value Trust (NYSE-RGT) has announced December 18, 2020 as the record date for its fourth quarter Common Stock distribution.
Sentiment and the balance of points
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Rhea-AI Summary
Royce Global Value Trust (NYSE-RGT) has announced December 18, 2020 as the record date for its fourth quarter Common Stock distribution. Stockholders can choose to receive the distribution in either additional shares of Common Stock or cash. The payout will occur on December 31, 2020, with an ex-dividend date of December 17, 2020. Further details regarding the distribution amount will be released in a subsequent press release. Royce Global Value Trust is a diversified closed-end management investment company focusing on U.S. and non-U.S. common stocks.
Positive
- Scheduled distribution date for stockholders enhances shareholder value.
- Option to receive distribution in shares may be appealing for long-term investors.
Negative
- None.
Details
News Market Reaction – RGT
The recorded move for RGT in the trading session of this news was +0.53%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW YORK, Dec. 7, 2020 /PRNewswire/ -- Royce Global Value Trust, Inc. (NYSE-RGT) has established December 18, 2020 as the record date for its fourth quarter Common Stock distribution. The distribution, optionally payable in additional shares of Common Stock, or in cash by specific stockholder election, is expected to be paid on December 31, 2020 to stockholders of record at the close of business on December 18, 2020 (ex-dividend on December 17, 2020). The amount and estimated sources for such expected distribution on December 31, 2020 will be set forth in a subsequent press release to be issued by the Fund.
About Royce Global Value Trust, Inc.
Royce Global Value 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
For further information on The Royce Funds℠, please visit our web site at: www.royceinvest.com.
View original content:http://www.prnewswire.com/news-releases/royce-global-value-trust-inc-establishes-record-date-for-fourth-quarter-common-stock-distribution-301187770.html
SOURCE Royce Global Value Trust
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