RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.1277 per share on Monday, March 31st. This represents a $1.53 dividend on an annualized basis and a dividend yield of 12.76%. The ex-dividend date of this dividend is Friday, March 14th.
RiverNorth Opportunities Fund has raised its dividend payment by an average of 19.4% per year over the last three years.
RiverNorth Opportunities Fund Stock Performance
Shares of NYSE RIV opened at $12.01 on Friday. RiverNorth Opportunities Fund has a 52-week low of $11.00 and a 52-week high of $12.96. The firm has a 50 day moving average price of $12.30 and a 200 day moving average price of $12.37.
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.
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