RiverNorth Opportunities Fund, Inc. to Issue Monthly Dividend of $0.13 (NYSE:RIV)

RiverNorth Opportunities Fund, Inc. (NYSE:RIVGet Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be given a dividend of 0.1306 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 13.3%. The ex-dividend date of this dividend is Wednesday, July 15th.

RiverNorth Opportunities Fund Price Performance

NYSE RIV traded up $0.11 on Thursday, reaching $11.75. 6,710 shares of the stock were exchanged, compared to its average volume of 82,297. RiverNorth Opportunities Fund has a one year low of $10.93 and a one year high of $12.56. The company’s 50-day simple moving average is $11.59 and its two-hundred day simple moving average is $11.67.

About RiverNorth Opportunities Fund

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RiverNorth Opportunities Fund (NYSE:RIV) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. Listed on the New York Stock Exchange, the fund employs an unconstrained, actively managed approach to investing across a broad array of convertible and derivative securities.

The fund’s primary investments include convertible bonds, convertible preferred stocks, synthetic convertible instruments (such as caps, floors and spreads), and related derivative instruments.

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Dividend History for RiverNorth Opportunities Fund (NYSE:RIV)

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