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 Friday, January 3rd,Wall Street Journal reports. Investors of record on Friday, March 14th will be given a dividend of 0.1357 per share on Monday, March 31st. This represents a $1.63 annualized dividend and a yield of 10.70%. The ex-dividend date is Friday, March 14th.

RiverNorth Capital and Income Fund has decreased its dividend payment 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 tumble.

RiverNorth Capital and Income Fund Price Performance

NYSE RSF opened at $15.22 on Friday. RiverNorth Capital and Income Fund has a 52 week low of $14.90 and a 52 week high of $16.90. The stock has a fifty day moving average of $15.32 and a 200-day moving average of $15.29.

RiverNorth Capital and Income Fund Company Profile

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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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