RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) declared a monthly dividend on Friday, January 2nd. Investors of record on Monday, March 16th will be paid a dividend of 0.1306 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 13.8%. The ex-dividend date is Monday, March 16th.
RiverNorth Opportunities Fund Trading Up 0.1%
Shares of NYSE:RIV opened at $11.35 on Friday. RiverNorth Opportunities Fund has a twelve month low of $10.11 and a twelve month high of $12.56. The company’s 50 day moving average is $11.90 and its 200 day moving average is $11.85.
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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