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

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) announced a monthly dividend on Friday, January 3rd, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.1357 per share on Monday, March 31st. This represents a $1.63 annualized dividend and a yield of 10.78%. The ex-dividend date is Friday, March 14th.

RiverNorth Capital and Income Fund has decreased its dividend by an average of 2.0% per year over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 90.6% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble.

RiverNorth Capital and Income Fund Price Performance

Shares of NYSE:RSF opened at $15.10 on Wednesday. RiverNorth Capital and Income Fund has a 1-year low of $14.86 and a 1-year high of $16.90. The business has a 50-day moving average price of $15.20 and a two-hundred day moving average price of $15.28.

About RiverNorth Capital and Income Fund

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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.

Further Reading

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

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