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

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.1357 per share on Monday, March 31st. This represents a $1.63 dividend on an annualized basis and a yield of 10.70%. The ex-dividend date of this dividend is Friday, March 14th.

RiverNorth Capital and Income Fund has increased its dividend payment by an average of 25.2% annually over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 93.3% indicating that 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 Stock Down 0.3 %

Shares of RSF opened at $15.22 on Friday. The company has a 50 day moving average price of $15.32 and a 200-day moving average price of $15.29. RiverNorth Capital and Income Fund has a fifty-two week low of $14.90 and a fifty-two week high of $16.90.

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.

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

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