RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Tuesday, September 15th will be given a dividend of 0.1306 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 13.5%. The ex-dividend date of this dividend is Tuesday, September 15th.
RiverNorth Opportunities Fund Stock Performance
Shares of NYSE RIV opened at $11.64 on Thursday. RiverNorth Opportunities Fund has a 12-month low of $10.93 and a 12-month high of $12.56. The firm’s 50-day moving average price is $11.59 and its 200-day moving average price is $11.67.
RiverNorth Opportunities Fund Company Profile
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.
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