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Royce Micro-Cap Trust, Inc. (NYSE: RMT) Declares Common Stock Distribution of $0.08 Per Share

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  Published in Business and Finance on Tuesday, November 23rd 2010 at 12:35 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Royce Micro-Cap Trust, Inc. (NYSE: RMT) has declared a distribution of $0.08 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, 2010 to stockholders of record at the close of business on December 6, 2010 (ex-dividend on December 2, 2010). The price of shares issued for reinvestment will be determined on December 13, 2010.

For Federal income tax purposes, approximately 61% of the distribution will be characterized as qualified dividend income (taxable at long-term capital gain rates) and 39% as ordinary income.

Royce Micro-Cap Trust, Inc. is a closed-end diversified management investment company whose shares of Common and Preferred Stock (NYSE a" RMT.pra) are listed and traded on the New York Stock Exchange. The Fund's investment goal is long-term capital growth, which it seeks by normally investing at least 80% of its assets in equity securities of companies that, at the time of investment, have market capitalizations of $500 million or less.

For further information on The Royce Funds^sm, please visit our web site at: [ www.roycefunds.com ].