RENN Fund, Inc. (NYSEAMERICAN:RCG) Announces Annual Dividend of $0.02

RENN Fund, Inc. (NYSEAMERICAN:RCG) declared an annual dividend on Tuesday, December 16th. Investors of record on Tuesday, December 16th will be paid a dividend of 0.0215 per share on Monday, December 29th. This represents a dividend yield of 83.0%.

RENN Fund Stock Down 2.5%

RCG traded down $0.07 on Wednesday, hitting $2.57. The company had a trading volume of 6,390 shares, compared to its average volume of 8,600. The company’s fifty day moving average price is $2.60 and its 200 day moving average price is $2.61. RENN Fund has a 1-year low of $2.11 and a 1-year high of $2.88.

RENN Fund Company Profile

RENN Fund, Inc is a closed ended equity mutual fund launched by RENN Capital Group, Inc The fund is co-managed by Horizon Kinetics Asset Management LLC. It invests in the public equity markets of the United States. The fund seeks to invest in stocks of companies operating across diversified sectors. It seeks to invest in stocks of small-cap and mid-cap companies.