Japan Smaller Capitalization Fund, Inc. (JOF) To Go Ex-Dividend on December 19th

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) announced an annual dividend on Monday, December 9th,Wall Street Journal reports. Shareholders of record on Thursday, December 19th will be paid a dividend of 0.3118 per share on Friday, December 27th. This represents a yield of 3.3%. The ex-dividend date is Thursday, December 19th. This is a positive change from Japan Smaller Capitalization Fund’s previous annual dividend of $0.27.

Japan Smaller Capitalization Fund has raised its dividend by an average of 27.5% annually over the last three years.

Japan Smaller Capitalization Fund Trading Down 1.8 %

Shares of JOF stock opened at $7.86 on Tuesday. Japan Smaller Capitalization Fund has a 1-year low of $6.89 and a 1-year high of $8.34. The stock’s fifty day simple moving average is $7.77 and its 200-day simple moving average is $7.78.

About Japan Smaller Capitalization Fund

Japan Smaller Capitalization Fund, Inc is a closed-ended equity mutual fund launched by Nomura Asset Management U.SA Inc It is managed by Nomura Asset Management Co, Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices.