Insider Buying: Royce Focus Trust VP Purchases 5,527 Shares of Stock (FUND)
Royce Focus Trust (NASDAQ:FUND) VP W Whitney George purchased 5,527 shares of the company’s stock on the open market in a transaction dated Tuesday, June 24th. The shares were purchased at an average price of $8.45 per share, for a total transaction of $46,703.15. Following the completion of the transaction, the vice president now directly owns 2,171,236 shares of the company’s stock, valued at approximately $18,346,944. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
Shares of Royce Focus Trust (NASDAQ:FUND) traded down 0.12% during mid-day trading on Wednesday, hitting $8.45. 60,072 shares of the company’s stock traded hands. Royce Focus Trust has a 1-year low of $6.79 and a 1-year high of $8.50. The stock has a 50-day moving average of $8.15 and a 200-day moving average of $7.8.
The company also recently declared a quarterly dividend, which is scheduled for Friday, June 27th. Stockholders of record on Monday, June 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 4.73%. The ex-dividend date of this dividend is Thursday, June 12th.
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