RiverNorth Capital and Income Fund, Inc. (NYSE:RSF – Get Free Report) announced a monthly dividend on Monday, January 6th,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 dividend on an annualized basis and a dividend yield of 10.70%. The ex-dividend date of this dividend is Friday, March 14th.
RiverNorth Capital and Income Fund has decreased its dividend by an average of 2.8% per year over the last three years. RiverNorth Capital and Income Fund has a dividend 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 tumble.
RiverNorth Capital and Income Fund Trading Down 0.3 %
Shares of RiverNorth Capital and Income Fund stock opened at $15.22 on Monday. The firm has a fifty day moving average of $15.32 and a two-hundred day moving average of $15.29. RiverNorth Capital and Income Fund has a 52 week low of $14.90 and a 52 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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