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 Friday, April 4th, Wall Street Journal reports. Investors of record on Friday, June 13th will be given a dividend of 0.1357 per share on Monday, June 30th. This represents a $1.63 dividend on an annualized basis and a dividend yield of 10.44%. The ex-dividend date is Friday, June 13th.

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 84.5% meaning 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 Trading Up 1.6 %

RSF stock opened at $15.60 on Friday. RiverNorth Capital and Income Fund has a 1-year low of $14.86 and a 1-year high of $16.90. The business’s 50-day moving average price is $15.20 and its two-hundred day moving average price is $15.27.

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.

Further Reading

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

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