RiverNorth Capital and Income Fund, Inc. (NYSE:RSF – Get Free Report) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be given a dividend of 0.1357 per share on Monday, June 30th. This represents a $1.63 annualized dividend and a dividend yield of 11.03%. The ex-dividend date of this dividend is Friday, June 13th.
RiverNorth Capital and Income Fund has decreased its dividend by an average of 2.0% per year over the last three years. RiverNorth Capital and Income Fund has a dividend payout ratio of 84.5% meaning 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 Up 0.5%
RiverNorth Capital and Income Fund stock opened at $14.77 on Wednesday. The firm has a 50 day simple moving average of $15.06 and a 200-day simple moving average of $15.17. RiverNorth Capital and Income Fund has a 12-month low of $14.68 and a 12-month high of $16.02.
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RiverNorth Capital and Income Fund Company Profile
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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