RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be given a dividend of 0.1277 per share on Monday, June 30th. This represents a $1.53 annualized dividend and a yield of 12.96%. The ex-dividend date is Friday, June 13th.
RiverNorth Opportunities Fund has decreased its dividend payment by an average of 8.8% annually over the last three years.
RiverNorth Opportunities Fund Stock Performance
Shares of RIV opened at $11.82 on Friday. The firm’s fifty day simple moving average is $12.07 and its 200-day simple moving average is $12.28. RiverNorth Opportunities Fund has a twelve month low of $11.20 and a twelve month high of $12.96.
About RiverNorth Opportunities Fund
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.
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