RiverNorth Capital and Income Fund, Inc. Announces Monthly Dividend of $0.14 (NYSE:RSF)

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.1357 per share on Monday, March 31st. This represents a $1.63 annualized dividend and a yield of 10.62%. The ex-dividend date of this dividend is Friday, March 14th.

RiverNorth Capital and Income Fund has decreased its dividend by an average of 2.8% per year over the last three years. RiverNorth Capital and Income Fund has a dividend payout ratio of 90.6% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline.

RiverNorth Capital and Income Fund Trading Up 0.7 %

NYSE RSF opened at $15.33 on Tuesday. The business’s 50-day moving average price is $15.32 and its two-hundred day moving average price is $15.29. RiverNorth Capital and Income Fund has a 12 month low of $14.90 and a 12 month high of $16.90.

About RiverNorth Capital and Income Fund

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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.

See Also

Dividend History for RiverNorth Capital and Income Fund (NYSE:RSF)

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