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

RiverNorth Opportunities Fund, Inc. (NYSE:RIV) announced a monthly dividend on Thursday, October 3rd,Wall Street Journal reports. Shareholders 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 yield of 12.30%. The ex-dividend date is Friday, November 15th.

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

RiverNorth Opportunities Fund Stock Performance

Shares of NYSE RIV opened at $12.58 on Thursday. The stock’s 50 day moving average price is $12.62 and its two-hundred day moving average price is $12.35. RiverNorth Opportunities Fund has a 52-week low of $10.33 and a 52-week 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.