RiverNorth Opportunities Fund, Inc. Announces Dividend of $0.13 (NYSE:RIV)

RiverNorth Opportunities Fund, Inc. (NYSE:RIV) announced a dividend on Tuesday, May 13th, investing.com reports. Stockholders of record on Friday, May 16th will be given a dividend of 0.1277 per share on Friday, May 30th. This represents a dividend yield of 12.72%. The ex-dividend date of this dividend is Thursday, May 15th.

RiverNorth Opportunities Fund has decreased its dividend payment by an average of 8.8% per year over the last three years.

RiverNorth Opportunities Fund Price Performance

Shares of RiverNorth Opportunities Fund stock traded down $0.07 during trading on Tuesday, hitting $11.99. 5,065 shares of the stock were exchanged, compared to its average volume of 82,245. The firm’s 50-day moving average price is $11.46 and its 200 day moving average price is $11.97. RiverNorth Opportunities Fund has a 12-month low of $10.11 and a 12-month high of $12.96.

RiverNorth Opportunities Fund Company Profile

RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.