Japan Smaller Capitalization Fund, Inc. (JOF) to Issue Monthly Dividend of $0.09 on November 28th

Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) declared a monthly dividend on Friday, September 12th. Stockholders of record on Friday, November 14th will be paid a dividend of 0.0887 per share on Friday, November 28th. This represents a c) annualized dividend and a dividend yield of 10.2%. The ex-dividend date is Friday, November 14th.

Japan Smaller Capitalization Fund Price Performance

Shares of JOF stock traded up $0.10 during trading hours on Wednesday, reaching $10.46. The company had a trading volume of 13,553 shares, compared to its average volume of 71,383. Japan Smaller Capitalization Fund has a 12-month low of $7.43 and a 12-month high of $11.00. The stock has a fifty day moving average of $10.54 and a 200-day moving average of $9.98.

Hedge Funds Weigh In On Japan Smaller Capitalization Fund

A number of institutional investors have recently bought and sold shares of the company. Allspring Global Investments Holdings LLC grew its stake in shares of Japan Smaller Capitalization Fund by 9.0% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,487,892 shares of the company’s stock valued at $57,842,000 after buying an additional 454,000 shares during the period. Lazard Asset Management LLC lifted its holdings in 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 acquiring an additional 19,460 shares during the last quarter. Bank of America Corp DE grew its position in Japan Smaller Capitalization Fund by 37,758.0% in the second quarter. Bank of America Corp DE now owns 795,018 shares of the company’s stock worth $7,664,000 after acquiring an additional 792,918 shares during the period. Almitas Capital LLC lifted its stake in shares of Japan Smaller Capitalization Fund by 2.9% in the 1st quarter. Almitas Capital LLC now owns 511,819 shares of the company’s stock valued at $4,294,000 after purchasing an additional 14,348 shares during the last quarter. Finally, Pekin Hardy Strauss Inc. grew its holdings in shares of Japan Smaller Capitalization Fund by 116.0% during the 3rd quarter. Pekin Hardy Strauss Inc. now owns 197,467 shares of the company’s stock worth $2,081,000 after purchasing an additional 106,068 shares during the period.

Japan Smaller Capitalization Fund Company Profile

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.