RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) declared a monthly dividend on Thursday, October 3rd, Wall Street Journal reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.1289 per share on Friday, November 29th. This represents a $1.55 annualized dividend and a dividend yield of 11.94%. The ex-dividend date is Friday, November 15th.
RiverNorth Opportunities Fund has raised its dividend by an average of 19.4% annually over the last three years.
RiverNorth Opportunities Fund Stock Up 0.5 %
Shares of RIV traded up $0.07 during trading hours on Thursday, hitting $12.95. 69,318 shares of the stock were exchanged, compared to its average volume of 83,432. The stock’s 50-day moving average price is $12.38 and its two-hundred day moving average price is $12.16. RiverNorth Opportunities Fund has a 12-month low of $9.63 and a 12-month high of $12.96.
About RiverNorth Opportunities Fund
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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