RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) Plans $0.14 Monthly Dividend

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.1357 per share on Monday, March 31st. This represents a $1.63 annualized dividend and a dividend yield of 10.62%. The ex-dividend date is Friday, March 14th.

RiverNorth Capital and Income Fund has decreased its dividend payment by an average of 2.8% annually over the last three years. RiverNorth Capital and Income Fund has a dividend payout ratio of 90.6% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline.

RiverNorth Capital and Income Fund Stock Performance

NYSE:RSF opened at $15.33 on Tuesday. RiverNorth Capital and Income Fund has a 12 month low of $14.90 and a 12 month high of $16.90. The firm has a fifty day simple moving average of $15.32 and a two-hundred day simple moving average of $15.29.

RiverNorth Capital and Income Fund Company Profile

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RiverNorth Specialty Finance Corporation’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

See Also

Dividend History for RiverNorth Capital and Income Fund (NYSE:RSF)

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