RiverNorth Capital and Income Fund, Inc. (NYSE:RSF – Get Free Report) announced a monthly dividend on Thursday, January 4th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be paid a dividend of 0.1398 per share on Thursday, February 29th. This represents a $1.68 annualized dividend and a dividend yield of 10.43%. The ex-dividend date of this dividend is Wednesday, February 14th.
RiverNorth Capital and Income Fund has decreased its dividend by an average of 4.3% per year over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 112.0% meaning the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
RiverNorth Capital and Income Fund Price Performance
Shares of RSF opened at $16.09 on Monday. The company’s 50-day simple moving average is $15.81 and its 200-day simple moving average is $15.50. RiverNorth Capital and Income Fund has a 1 year low of $14.81 and a 1 year high of $16.24.
Institutional Trading of RiverNorth Capital and Income Fund
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.
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