RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) declared a monthly dividend on Wednesday, April 1st. Stockholders of record on Friday, May 15th will be paid a dividend of 0.1306 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 13.4%. The ex-dividend date of this dividend is Friday, May 15th.
RiverNorth Opportunities Fund Trading Down 0.3%
Shares of RIV traded down $0.04 during midday trading on Wednesday, reaching $11.70. 8,016 shares of the company were exchanged, compared to its average volume of 88,174. RiverNorth Opportunities Fund has a 1-year low of $10.93 and a 1-year high of $12.56. The stock has a 50-day moving average price of $11.49 and a 200-day moving average price of $11.68.
About RiverNorth Opportunities Fund
RiverNorth Opportunities Fund (NYSE:RIV) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. Listed on the New York Stock Exchange, the fund employs an unconstrained, actively managed approach to investing across a broad array of convertible and derivative securities.
The fund’s primary investments include convertible bonds, convertible preferred stocks, synthetic convertible instruments (such as caps, floors and spreads), and related derivative instruments.
Further Reading
- Five stocks we like better than RiverNorth Opportunities Fund
- Dream Finders Homes’ Hostile Bid Creates a Dual Squeeze Play
- Why OpenAI’s IPO Plans Could Be a Massive Win for Microsoft
- A Real Biggie Deal: Wendy’s Serves Up a Juicy Buyout Arbitrage
- Ally Financial Is Back to Basics—And Investors Are Watching
Receive News & Ratings for RiverNorth Opportunities Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RiverNorth Opportunities Fund and related companies with MarketBeat.com's FREE daily email newsletter.
