RiverNorth Capital and Income Fund, Inc. (RSF) To Go Ex-Dividend on November 14th

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) declared a monthly dividend on Wednesday, October 1st. Stockholders of record on Friday, November 14th will be paid a dividend of 0.1357 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 11.1%. The ex-dividend date of this dividend is Friday, November 14th.

RiverNorth Capital and Income Fund has a dividend payout ratio of 91.7% 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

RiverNorth Capital and Income Fund stock opened at $14.69 on Wednesday. The stock has a fifty day moving average of $14.75 and a two-hundred day moving average of $14.77. RiverNorth Capital and Income Fund has a fifty-two week low of $14.37 and a fifty-two week high of $16.02.

Institutional Trading of RiverNorth Capital and Income Fund

Hedge funds have recently made changes to their positions in the company. Tabor Asset Management LP bought a new stake in shares of RiverNorth Capital and Income Fund in the first quarter worth $198,000. Absolute Investment Advisers LLC acquired a new position in RiverNorth Capital and Income Fund during the 3rd quarter worth $193,000. Finally, WFA Asset Management Corp increased its position in shares of RiverNorth Capital and Income Fund by 54.5% in the 3rd quarter. WFA Asset Management Corp now owns 3,090 shares of the company’s stock worth $48,000 after purchasing an additional 1,090 shares during the last quarter.

RiverNorth Capital and Income Fund Company Profile

(Get Free Report)

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.

See Also

Dividend History for RiverNorth Capital and Income Fund (NYSE:RSF)

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