RiverNorth Capital and Income Fund (NYSE:RSF) Shares Down 0.1%

RiverNorth Capital and Income Fund, Inc. (NYSE:RSF)’s share price was down 0.1% during mid-day trading on Friday . The stock traded as low as $15.19 and last traded at $15.19. Approximately 28,692 shares were traded during mid-day trading, an increase of 44% from the average daily volume of 19,973 shares. The stock had previously closed at $15.21.

RiverNorth Capital and Income Fund Trading Down 0.1 %

The business’s 50 day simple moving average is $15.25 and its 200 day simple moving average is $15.55.

RiverNorth Capital and Income Fund Dividend Announcement

The company also recently disclosed a monthly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 13th will be given a dividend of $0.1398 per share. The ex-dividend date is Friday, September 13th. This represents a $1.68 annualized dividend and a dividend yield of 11.04%. RiverNorth Capital and Income Fund’s payout ratio is 112.00%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in RiverNorth Capital and Income Fund stock. Alpine Global Management LLC purchased a new stake in shares of RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 73,778 shares of the company’s stock, valued at approximately $1,170,000.

RiverNorth Capital and Income Fund Company Profile

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.