RiverFront Strategic Income Fund (NYSEARCA:RIGS) announced a monthly dividend on Thursday, March 22nd, Wall Street Journal reports. Shareholders of record on Friday, March 23rd will be paid a dividend of 0.126 per share on Thursday, March 29th. This represents a $1.51 annualized dividend and a yield of 6.21%. The ex-dividend date of this dividend is Thursday, March 22nd. This is a positive change from RiverFront Strategic Income Fund’s previous monthly dividend of $0.08.

Shares of RiverFront Strategic Income Fund (RIGS) traded down $0.16 during trading hours on Friday, hitting $24.36. The stock had a trading volume of 8,970 shares, compared to its average volume of 176,246. RiverFront Strategic Income Fund has a 12-month low of $24.35 and a 12-month high of $25.76.

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