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

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) declared a monthly dividend on Friday, April 4th, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be paid a dividend of 0.1357 per share on Monday, June 30th. This represents a $1.63 annualized dividend and a dividend yield of 10.53%. The ex-dividend date of this dividend is Friday, June 13th.

RiverNorth Capital and Income Fund has decreased its dividend by an average of 2.0% annually over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 84.5% 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 Trading Down 1.1 %

Shares of RiverNorth Capital and Income Fund stock opened at $15.46 on Friday. RiverNorth Capital and Income Fund has a 1 year low of $14.86 and a 1 year high of $16.90. The company has a 50 day simple moving average of $15.20 and a two-hundred day simple moving average of $15.27.

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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