RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) to Issue $0.14 Monthly Dividend

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) declared a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Shareholders of record on Thursday, August 15th will be paid a dividend of 0.1398 per share on Friday, August 30th. This represents a $1.68 dividend on an annualized basis and a yield of 10.92%. The ex-dividend date is Thursday, August 15th.

RiverNorth Capital and Income Fund has raised its dividend by an average of 25.2% annually over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 89.8% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall.

RiverNorth Capital and Income Fund Stock Down 0.1 %

Shares of NYSE RSF opened at $15.36 on Thursday. RiverNorth Capital and Income Fund has a one year low of $14.81 and a one year high of $16.90. The stock’s fifty day moving average price is $15.21 and its two-hundred day moving average price is $15.61.

RiverNorth Capital and Income Fund Company Profile

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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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Dividend History for RiverNorth Capital and Income Fund (NYSE:RSF)

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