RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Tuesday, September 15th will be paid a dividend of 0.1306 per share on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 14.6%. The ex-dividend date is Tuesday, September 15th.
RiverNorth Opportunities Fund Price Performance
Shares of RIV opened at $10.74 on Friday. The firm has a fifty day moving average of $11.26 and a 200-day moving average of $11.44. RiverNorth Opportunities Fund has a 1 year low of $10.69 and a 1 year high of $12.36.
RiverNorth Opportunities Fund Company Profile
RiverNorth Opportunities Fund (NYSE:RIV) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. Listed on the New York Stock Exchange, the fund employs an unconstrained, actively managed approach to investing across a broad array of convertible and derivative securities.
The fund’s primary investments include convertible bonds, convertible preferred stocks, synthetic convertible instruments (such as caps, floors and spreads), and related derivative instruments.
Further Reading
- Five stocks we like better than RiverNorth Opportunities Fund
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for RiverNorth Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RiverNorth Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.
