Royce Small-Cap Trust, Inc. (RVT) Dividend
Royce Small-Cap Trust, Inc. (RVT) currently pays a dividend yield of 6.86%, distributing $1.28 per share annually ($0.33 per quarter). The company operates in the Financial Services sector.
RVT has raised its dividend for 2 consecutive years.
RVT dividend at a glance
| Dividend Yield | 6.86% |
|---|---|
| Annual Dividend | $1.28 per share |
| Per Payment | $0.33 |
| Payout Frequency | Quarterly |
| Payments per Year | 4 |
| Next Ex-Dividend Date | December 11, 2026 |
| Next Payment Date | December 25, 2026 |
| Payout Ratio | 198% |
| Consecutive Years of Dividend Growth | 2 |
| Sector | Financial Services |
| Implied Share Price (from yield) | $18.66 |
What RVT pays on a $10,000 investment
At a 6.86% yield, $10,000 invested in RVT generates about $686.00 per year, or roughly $171.50 every quarter. Share counts below use an implied price of $18.66, derived from the $1.28 annual dividend and the 6.86% yield.
| Amount Invested | Approx. Shares | Annual Dividend Income | Income per Quarter |
|---|---|---|---|
| $1,000 | 53.6 | $68.60 | $17.15 |
| $5,000 | 268 | $343.00 | $85.75 |
| $10,000 | 535.9 | $686.00 | $171.50 |
| $25,000 | 1,339.8 | $1,715.00 | $428.75 |
| $100,000 | 5,359.4 | $6,860.00 | $1,715.00 |
These figures assume the dividend and share price stay where they are today. They do not account for taxes, dividend cuts, price movement, or reinvestment. If you reinvest instead of taking the cash, the share count grows each quarter — see how the dividend snowball compounds.
RVT dividend payment schedule
RVT pays on a quarterly schedule — 4 payments a year. The next confirmed ex-dividend date is December 11, 2026, with payment on December 25, 2026. Later rows are projected forward at the same interval and will shift when Royce Small-Cap Trust, Inc. declares each dividend.
| Ex-Dividend Date | Payment Date | Amount per Share | Status |
|---|---|---|---|
| December 11, 2026 | December 25, 2026 | $0.33 | Confirmed |
| March 11, 2027 | March 25, 2027 | $0.33 | Projected |
| June 11, 2027 | June 25, 2027 | $0.33 | Projected |
| September 11, 2027 | September 25, 2027 | $0.33 | Projected |
To collect a RVT dividend you must own the shares before the ex-dividend date. Buy on the ex-date itself and the previous owner keeps that payment. Read how ex-dividend, record, and payment dates fit together.
How RVT's dividend compares
Across the 1000 dividend stocks and ETFs DivTrkr tracks, the median yield is 3.57%. RVT's 6.86% is 3.29 percentage points above that median, ranking 317th of 1000 by yield.
Within Financial Services, where we track 157 names, the median yield is 9.52% — putting RVT below its sector.
Its 2-year run of dividend increases ranks 427th out of the 553 names in our data with an active growth streak.
What the numbers mean
RVT pays out roughly 198% of its earnings as dividends. That is a high payout ratio. The dividend is consuming most of reported earnings, which is normal for REITs and some funds but a caution flag elsewhere.
Like most US dividend payers, RVT distributes quarterly, so a full year of ownership produces four payments.
Whether these payments are taxed at the lower qualified rate or as ordinary income depends on how long you hold the shares and what kind of company pays them. See the qualified vs. ordinary dividend rules.
RVT dividend FAQ
When is the next RVT ex-dividend date?
The next RVT ex-dividend date is December 11, 2026, with the payment scheduled for December 25, 2026. You must own shares before the ex-dividend date to receive that payment.
What is RVT's dividend yield?
RVT currently yields 6.86%, based on $1.28 in dividends per share over the past year.
How often does RVT pay dividends?
RVT pays quarterly, which works out to 4 payments per year of about $0.33 per share.
How much dividend income would $10,000 of RVT generate?
At the current 6.86% yield, $10,000 invested in RVT would produce roughly $686.00 per year, or about $171.50 per quarter, before taxes and assuming the dividend holds.
Has RVT increased its dividend?
Yes — RVT has raised its dividend for 2 consecutive years.
RVT dividend history
DivTrkr holds 122 recorded RVT dividend payments going back to 1987, with 2 consecutive complete years of increases and +3.0% a year of growth over the last five complete years. See the full RVT dividend history — every payment, annual totals and growth by year.
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Track RVT dividends free with DivTrkr — see exactly what your own position pays, and when. Also browse the full dividend calendar or the A–Z list of dividend stocks.