Royce Focus Trust VP Acquires $45,273 in Stock (FUND)
Royce Focus Trust (NASDAQ:FUND) VP W Whitney George bought 6,118 shares of the stock in a transaction that occurred on Wednesday, September 11th. The stock was purchased at an average price of $7.40 per share, for a total transaction of $45,273.20. Following the acquisition, the vice president now directly owns 1,820,531 shares of the company’s stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Royce Focus Trust (NASDAQ:FUND) traded down 1.88% on Thursday, hitting $7.30. 81,391 shares of the company’s stock traded hands. Royce Focus Trust has a one year low of $6.21 and a one year high of $7.46. The stock has a 50-day moving average of $7.24 and a 200-day moving average of $7.06. The company has a market cap of $156.0 million and a price-to-earnings ratio of 9.64.
The company also recently declared a quarterly dividend, which is scheduled for Friday, September 27th. Investors of record on Monday, September 16th will be given a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a yield of 5.48%. The ex-dividend date of this dividend is Thursday, September 12th.
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