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

RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) announced a monthly dividend on Tuesday, October 1st,Wall Street Journal reports. Investors of record on Friday, November 15th will be paid a dividend of 0.1289 per share on Friday, November 29th. This represents a $1.55 annualized dividend and a dividend yield of 12.24%. The ex-dividend date of this dividend is Friday, November 15th.

RiverNorth Opportunities Fund has increased its dividend by an average of 19.4% annually over the last three years.

RiverNorth Opportunities Fund Price Performance

Shares of RIV traded up $0.06 during mid-day trading on Thursday, reaching $12.64. 107,433 shares of the company were exchanged, compared to its average volume of 81,728. RiverNorth Opportunities Fund has a 52 week low of $10.34 and a 52 week high of $12.96. The business has a 50 day simple moving average of $12.62 and a two-hundred day simple moving average of $12.35.

RiverNorth Opportunities Fund Company Profile

(Get Free Report)

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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