Around $16 billion is handled by Royce & Associates. Since 1972, the hedge fund has primarily invested in small-cap companies. Royce only works with companies that have a solid financial foundation, a proven track record, and a promising outlook for the future. Additionally, he looks for companies with lower-than-expected multiples on their shares. As of December 31st, 2021, the 13F portfolio value of Royce & Associates was $13.3 billion. Investors received a 19.97 percent return in 2021, outpacing the benchmark Russell 2000, which gained 14.82 percent in the same time frame.
Insider Monkey focused on the dividend stocks in Chuck Royce’s portfolio. In 2021, the dividend was increased by ten percent to $0.6875 per share, making it the highest quarterly dividend in the industry. Royce & Associates had over $60.3 million in Reliance Steel & Aluminum Co. shares at the end of the fourth quarter of 2021. With a dividend yield of 1.89 percent, the company pays a quarterly dividend of $0.185 per share. Royce & Associates had a $94.5 million stake in Air Lease Corporation in the fourth quarter of 2021. The American company Vishay Intertechnology, Inc. manufactures semiconductors and other electronic devices. A 26.4 percent increase in quarterly revenue drew Wall Street analysts’ attention in the company’s Q4 results. Ralph Lauren Corporation became Royce & Associates’ first investment in the third quarter of 2011. The hedge fund reduced its stake in the American clothing company by 2% in the fourth quarter of 2021, but still held a stake worth $83.6 million at the time. With an 8.8 percent increase in quarterly dividends to $0.27 per share, Standard Motor Products, Inc. now yields 2.48 percent. For the past 30 years, the company has paid out dividends. For more details, click Top 10 Dividend Stock Picks Of Chuck Royce’s Royce & Associates.
