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

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) declared a monthly dividend on Thursday, September 10th. Investors of record on Monday, November 16th will be paid a dividend of 0.0956 per share on Monday, November 30th. This represents a c) dividend on an annualized basis and a yield of 9.2%. The ex-dividend date is Monday, November 16th.

Japan Smaller Capitalization Fund Trading Down 0.1%

Shares of Japan Smaller Capitalization Fund stock opened at $12.47 on Friday. Japan Smaller Capitalization Fund has a 52-week low of $9.94 and a 52-week high of $12.85. The stock has a 50-day simple moving average of $12.03 and a 200-day simple moving average of $11.61.

Institutional Investors Weigh In On Japan Smaller Capitalization Fund

Large investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC acquired a new position in Japan Smaller Capitalization Fund during the second quarter valued at approximately $35,000. Mraz Amerine & Associates Inc. boosted its holdings in shares of Japan Smaller Capitalization Fund by 3.5% during the 2nd quarter. Mraz Amerine & Associates Inc. now owns 202,362 shares of the company’s stock worth $2,384,000 after buying an additional 6,909 shares during the period. Readystate Asset Management LP bought a new stake in shares of Japan Smaller Capitalization Fund during the 2nd quarter worth $262,000. Raffles Associates LP acquired a new position in Japan Smaller Capitalization Fund in the 2nd quarter valued at $1,307,000. Finally, Almitas Capital LLC acquired a new position in Japan Smaller Capitalization Fund in the 2nd quarter valued at $4,551,000.

About Japan Smaller Capitalization Fund

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.