RiverNorth Capital and Income Fund, Inc. Plans Monthly Dividend of $0.14 (NYSE:RSF)

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.1357 per share on Friday, January 31st. This represents a $1.63 annualized dividend and a dividend yield of 10.80%. The ex-dividend date of this dividend is Wednesday, January 15th.

RiverNorth Capital and Income Fund has decreased its dividend payment by an average of 2.8% annually over the last three years. RiverNorth Capital and Income Fund has a dividend payout ratio of 90.6% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline.

RiverNorth Capital and Income Fund Stock Performance

Shares of RiverNorth Capital and Income Fund stock opened at $15.08 on Monday. RiverNorth Capital and Income Fund has a one year low of $14.90 and a one year high of $16.90. The stock’s 50-day moving average is $15.31 and its 200-day moving average is $15.29.

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.

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

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