RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.1277 per share on Monday, June 30th. This represents a $1.53 annualized dividend and a dividend yield of 13.92%. The ex-dividend date of this dividend is Friday, June 13th.
RiverNorth Opportunities Fund has decreased its dividend by an average of 8.8% per year over the last three years.
RiverNorth Opportunities Fund Trading Down 6.8 %
Shares of RIV stock opened at $11.01 on Friday. RiverNorth Opportunities Fund has a fifty-two week low of $10.73 and a fifty-two week high of $12.96. The stock has a 50 day simple moving average of $12.05 and a two-hundred day simple moving average of $12.27.
About RiverNorth Opportunities Fund
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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