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

RiverNorth Opportunities Fund, Inc. (NYSE:RIV) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Monday, July 15th will be paid a dividend of 0.1289 per share on Wednesday, July 31st. This represents a $1.55 dividend on an annualized basis and a dividend yield of 12.61%. The ex-dividend date of this dividend is Monday, July 15th.

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

RiverNorth Opportunities Fund Stock Performance

RIV traded up $0.07 during midday trading on Tuesday, reaching $12.27. The company’s stock had a trading volume of 110,059 shares, compared to its average volume of 76,554. The company has a fifty day simple moving average of $12.08 and a 200 day simple moving average of $11.75. RiverNorth Opportunities Fund has a twelve month low of $9.63 and a twelve month high of $12.43.

RiverNorth Opportunities Fund Company Profile

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.