RiverNorth Capital and Income Fund, Inc. (RSF) to Issue Monthly Dividend of $0.14 on December 31st

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) announced a monthly dividend on Friday, October 4th, Wall Street Journal reports. Stockholders of record on Friday, December 13th will be given a dividend of 0.1398 per share on Tuesday, December 31st. This represents a $1.68 annualized dividend and a dividend yield of 10.80%. The ex-dividend date is Friday, December 13th.

RiverNorth Capital and Income Fund has raised its dividend payment by an average of 25.2% per year over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 93.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall.

RiverNorth Capital and Income Fund Trading Up 0.3 %

NYSE RSF opened at $15.54 on Friday. The business’s fifty day moving average is $15.22 and its 200 day moving average is $15.29. RiverNorth Capital and Income Fund has a fifty-two week low of $14.90 and a fifty-two week 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.

Further Reading

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

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