RiverNorth Opportunities Fund, Inc. (NYSE:RIV) Announces $0.13 Monthly Dividend

RiverNorth Opportunities Fund, Inc. (NYSE:RIV) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Friday, September 13th will be paid a dividend of 0.1289 per share on Monday, September 30th. This represents a $1.55 annualized dividend and a yield of 12.40%. The ex-dividend date of this dividend is Friday, September 13th.

RiverNorth Opportunities Fund has raised its dividend by an average of 19.4% annually over the last three years.

RiverNorth Opportunities Fund Stock Up 0.6 %

Shares of RIV stock opened at $12.47 on Wednesday. The business has a 50-day moving average price of $12.29 and a two-hundred day moving average price of $12.07. RiverNorth Opportunities Fund has a 12-month low of $9.63 and a 12-month high of $12.53.

RiverNorth Opportunities Fund Company Profile

RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.