RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) announced a monthly dividend on Monday, July 1st, Wall Street Journal reports. Stockholders of record on Thursday, August 15th will be paid a dividend of 0.1289 per share on Friday, August 30th. This represents a $1.55 annualized dividend and a dividend yield of 12.42%. The ex-dividend date of this dividend is Thursday, August 15th.
RiverNorth Opportunities Fund has raised its dividend by an average of 19.4% annually over the last three years.
RiverNorth Opportunities Fund Stock Down 0.1 %
Shares of NYSE:RIV opened at $12.45 on Wednesday. The stock’s 50-day moving average is $12.23 and its 200-day moving average is $11.97. RiverNorth Opportunities Fund has a 52-week low of $9.63 and a 52-week high of $12.53.
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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