RiverNorth Opportunities Fund, Inc. (RIV) To Go Ex-Dividend on March 16th

RiverNorth Opportunities Fund, Inc. (NYSE:RIV) declared a monthly dividend on Friday, January 2nd. Shareholders 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 dividend yield of 13.8%. The ex-dividend date is Monday, March 16th.

RiverNorth Opportunities Fund Stock Up 0.1%

Shares of NYSE RIV traded up $0.02 during trading hours on Friday, reaching $11.35. The stock had a trading volume of 140,970 shares, compared to its average volume of 101,732. RiverNorth Opportunities Fund has a fifty-two week low of $10.11 and a fifty-two week high of $12.56. The firm has a 50-day moving average of $11.90 and a 200-day moving average of $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.