RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.1277 per share on Monday, March 31st. This represents a $1.53 annualized dividend and a yield of 12.92%. The ex-dividend date of this dividend is Friday, March 14th.
RiverNorth Opportunities Fund has increased its dividend payment by an average of 19.4% per year over the last three years.
RiverNorth Opportunities Fund Trading Down 1.2 %
Shares of RIV stock opened at $11.86 on Tuesday. RiverNorth Opportunities Fund has a 12 month low of $11.05 and a 12 month high of $12.96. The business’s 50 day moving average is $12.29 and its two-hundred day moving average is $12.38.
RiverNorth Opportunities Fund Company Profile
RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.
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