RiverNorth Opportunities Fund, Inc. (NYSE:RIV) Announces $0.13 Monthly Dividend

RiverNorth Opportunities Fund, Inc. (NYSE:RIV) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.1277 per share on Friday, January 31st. This represents a $1.53 dividend on an annualized basis and a dividend yield of 12.76%. The ex-dividend date of this dividend is Wednesday, January 15th.

RiverNorth Opportunities Fund has increased its dividend by an average of 19.4% per year over the last three years.

RiverNorth Opportunities Fund Price Performance

RiverNorth Opportunities Fund stock traded up $0.20 during mid-day trading on Friday, reaching $12.01. 104,028 shares of the company’s stock traded hands, compared to its average volume of 116,614. RiverNorth Opportunities Fund has a 12-month low of $11.00 and a 12-month high of $12.96. The stock has a 50 day moving average of $12.30 and a two-hundred day moving average of $12.37.

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.