RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) declared 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 12.01%. The ex-dividend date of this dividend 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
NYSE:RIV opened at $12.88 on Friday. The firm has a 50-day simple moving average of $12.41 and a 200-day simple moving average of $12.17. RiverNorth Opportunities Fund has a one year low of $9.63 and a one year 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.
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