RiverNorth Capital and Income Fund, Inc. (RSF) to Issue Monthly Dividend of $0.14 on November 29th

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) announced a monthly dividend on Thursday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, November 15th will be paid a dividend of 0.1398 per share on Friday, November 29th. This represents a $1.68 annualized dividend and a dividend yield of 10.80%. The ex-dividend date is Friday, November 15th.

RiverNorth Capital and Income Fund has increased 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% meaning 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 Price Performance

Shares of RSF opened at $15.54 on Friday. RiverNorth Capital and Income Fund has a 1-year low of $14.90 and a 1-year high of $16.90. The firm has a 50 day simple moving average of $15.22 and a 200-day simple moving average of $15.29.

About RiverNorth Capital and Income Fund

(Get Free Report)

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.

Read More

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

Receive News & Ratings for RiverNorth Capital and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RiverNorth Capital and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.