Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Declares Monthly Dividend of $0.10

by · The Cerbat Gem

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF – Get Free Report) declared a monthly dividend on Thursday, September 10th. Shareholders of record on Tuesday, December 15th will be given a dividend of 0.0956 per share on Wednesday, December 30th. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date is Tuesday, December 15th.

Japan Smaller Capitalization Fund Price Performance

JOF opened at $12.47 on Friday. The business’s 50-day moving average price is $12.03 and its two-hundred day moving average price is $11.61. Japan Smaller Capitalization Fund has a 1 year low of $9.94 and a 1 year high of $12.85.

Institutional Trading of Japan Smaller Capitalization Fund

A number of hedge funds have recently made changes to their positions in JOF. Bank of America Corp DE lifted its position in Japan Smaller Capitalization Fund by 144.7% during the fourth quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock worth $39,000 after acquiring an additional 3,038 shares during the last quarter. Lazard Asset Management LLC grew its position in shares of Japan Smaller Capitalization Fund by 0.8% in the second quarter. Lazard Asset Management LLC now owns 2,320,298 shares of the company’s stock valued at $22,367,000 after purchasing an additional 19,460 shares during the last quarter. Raymond James Financial Inc. increased its stake in shares of Japan Smaller Capitalization Fund by 4.0% during the third quarter. Raymond James Financial Inc. now owns 101,127 shares of the company’s stock worth $1,066,000 after purchasing an additional 3,847 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in Japan Smaller Capitalization Fund during the 3rd quarter worth approximately $215,000. Finally, International Assets Investment Management LLC acquired a new stake in Japan Smaller Capitalization Fund during the 4th quarter worth approximately $43,000.

About Japan Smaller Capitalization Fund

(Get Free Report)

Japan Smaller Capitalization Fund, Inc (NYSE: JOF) is a U.S.-listed closed-end investment company dedicated to long-term capital appreciation through exposure to Japan’s smaller capitalization equities. The fund seeks to identify and invest in firms whose market valuations and growth prospects may be overlooked by broader market indices, offering investors differentiated access to Japan’s domestic growth opportunities.

The portfolio typically comprises equity securities of companies traded on the Tokyo Stock Exchange and other recognized Japanese markets, with a focus on firms outside the large-cap segment.

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