RiverNorth Opportunities Fund, Inc. (RIV) To Go Ex-Dividend on June 15th

RiverNorth Opportunities Fund, Inc. (NYSE:RIV) announced a monthly dividend on Wednesday, April 1st. Shareholders of record on Monday, June 15th will be paid a dividend of 0.1306 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 13.5%. The ex-dividend date of this dividend is Monday, June 15th.

RiverNorth Opportunities Fund Trading Up 1.8%

NYSE RIV traded up $0.20 during trading on Friday, reaching $11.60. 91,824 shares of the company’s stock were exchanged, compared to its average volume of 84,525. RiverNorth Opportunities Fund has a fifty-two week low of $10.93 and a fifty-two week high of $12.56. The company’s fifty day simple moving average is $11.57 and its 200-day simple moving average is $11.68.

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.