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

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.1357 per share on Friday, January 31st. This represents a $1.63 dividend on an annualized basis and a dividend yield of 10.70%. The ex-dividend date is Wednesday, January 15th.

RiverNorth Capital and Income Fund has increased its dividend by an average of 25.2% per year over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 93.3% 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 Price Performance

RSF traded down $0.04 during midday trading on Friday, reaching $15.22. 30,688 shares of the company were exchanged, compared to its average volume of 21,094. The stock’s 50-day simple moving average is $15.32 and its 200 day simple moving average is $15.29. RiverNorth Capital and Income Fund has a one year low of $14.90 and a one year high of $16.90.

About RiverNorth Capital and Income Fund

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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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