Insider Buying: Royce Focus Trust VP Buys 5,527 Shares of Stock (FUND)
Royce Focus Trust (NASDAQ:FUND) VP W Whitney George bought 5,527 shares of the stock in a transaction that occurred on Tuesday, June 24th. The stock was purchased at an average price of $8.45 per share, for a total transaction of $46,703.15. Following the acquisition, the vice president now directly owns 2,171,236 shares of the company’s stock, valued at approximately $18,346,944. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Royce Focus Trust (NASDAQ:FUND) traded down 0.12% during mid-day trading on Thursday, hitting $8.44. The stock had a trading volume of 4,399 shares. Royce Focus Trust has a 1-year low of $6.79 and a 1-year high of $8.50. The stock’s 50-day moving average is $8.15 and its 200-day moving average is $7.8.
The company also recently announced a quarterly dividend, which is scheduled for Friday, June 27th. Investors of record on Monday, June 16th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 4.73%. The ex-dividend date is Thursday, June 12th.
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