RiverNorth Capital and Income Fund, Inc. (NYSE:RSF – Get Free Report) announced a monthly dividend on Thursday, January 2nd, Wall Street Journal reports. Investors 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 10.78%. The ex-dividend date of this dividend is Friday, March 14th.
RiverNorth Capital and Income Fund has decreased its dividend by an average of 2.0% annually over the last three years. RiverNorth Capital and Income Fund has a 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 Price Performance
RiverNorth Capital and Income Fund stock opened at $15.10 on Wednesday. The firm has a fifty day moving average price of $15.20 and a two-hundred day moving average price of $15.28. RiverNorth Capital and Income Fund has a fifty-two week low of $14.86 and a fifty-two week high of $16.90.
About RiverNorth Capital and Income Fund
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.
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