RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) announced a dividend on Tuesday, May 13th, investing.com reports. Stockholders of record on Friday, May 16th will be paid a dividend of 0.1277 per share on Friday, May 30th. This represents a dividend yield of 12.72%. The ex-dividend date of this dividend is Thursday, May 15th.
RiverNorth Opportunities Fund has decreased its dividend by an average of 8.8% annually over the last three years.
RiverNorth Opportunities Fund Trading Down 0.5%
Shares of RIV traded down $0.07 during mid-day trading on Tuesday, reaching $11.99. 6,428 shares of the company’s stock were exchanged, compared to its average volume of 82,261. RiverNorth Opportunities Fund has a 52-week low of $10.11 and a 52-week high of $12.96. The company has a 50-day simple moving average of $11.46 and a two-hundred day simple moving average of $11.97.
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.
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