RiverNorth Opportunities Fund, Inc. Plans Monthly Dividend of $0.13 (NYSE:RIV)

RiverNorth Opportunities Fund, Inc. (NYSE:RIV) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be given a dividend of 0.1289 per share on Wednesday, July 31st. This represents a $1.55 annualized dividend and a dividend yield of 12.61%. The ex-dividend date of this dividend is Monday, July 15th.

RiverNorth Opportunities Fund has raised its dividend payment by an average of 19.4% annually over the last three years.

RiverNorth Opportunities Fund Stock Performance

Shares of RiverNorth Opportunities Fund stock traded up $0.07 on Tuesday, hitting $12.27. 110,059 shares of the company’s stock traded hands, compared to its average volume of 76,554. RiverNorth Opportunities Fund has a 52-week low of $9.63 and a 52-week high of $12.43. The firm’s 50-day moving average is $12.08 and its 200 day moving average is $11.75.

RiverNorth Opportunities Fund Company Profile

RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.