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

RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.1398 per share on Wednesday, July 31st. This represents a $1.68 annualized dividend and a dividend yield of 10.91%. The ex-dividend date is Monday, July 15th.

RiverNorth Capital and Income Fund has raised its dividend by an average of 25.2% annually over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 89.8% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline.

RiverNorth Capital and Income Fund Price Performance

Shares of NYSE:RSF traded up $0.07 during trading on Tuesday, hitting $15.38. The company had a trading volume of 1,734 shares, compared to its average volume of 18,561. RiverNorth Capital and Income Fund has a one year low of $14.81 and a one year high of $16.90. The company has a fifty day simple moving average of $15.21 and a two-hundred day simple moving average of $15.61.

About RiverNorth Capital and Income Fund

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.