RiverNorth Capital and Income Fund, Inc. Declares Monthly Dividend of $0.14 (NYSE:RSF)

RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.1357 per share on Friday, January 31st. This represents a $1.63 dividend on an annualized basis and a dividend yield of 10.70%. The ex-dividend date is Wednesday, January 15th.

RiverNorth Capital and Income Fund has raised its dividend payment by an average of 25.2% annually over the last three years. RiverNorth Capital and Income Fund has a dividend payout ratio of 93.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble.

RiverNorth Capital and Income Fund Stock Performance

RSF traded down $0.04 on Friday, reaching $15.22. 30,688 shares of the company’s stock were exchanged, compared to its average volume of 21,094. RiverNorth Capital and Income Fund has a twelve month low of $14.90 and a twelve month high of $16.90. The stock’s fifty day moving average price is $15.32 and its 200-day moving average price is $15.29.

RiverNorth Capital and Income Fund Company Profile

RiverNorth Specialty Finance Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.