RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) declared a monthly dividend on Friday, April 4th, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be given 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 payment by an average of 8.8% per year over the last three years.
RiverNorth Opportunities Fund Stock Performance
Shares of RiverNorth Opportunities Fund stock opened at $11.01 on Friday. The firm’s 50 day simple moving average is $12.05 and its two-hundred day simple moving average is $12.27. RiverNorth Opportunities Fund has a 12-month low of $10.73 and a 12-month high of $12.96.
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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