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

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Investors 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 dividend on an annualized basis and a yield of 10.91%. The ex-dividend date of this dividend is Monday, July 15th.

RiverNorth Capital and Income Fund has increased 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% indicating that 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 Trading Up 0.5 %

NYSE RSF traded up $0.07 on Tuesday, reaching $15.38. 1,734 shares of the company’s stock traded hands, compared to its average volume of 18,561. The stock has a 50 day moving average price of $15.21 and a 200-day moving average price of $15.61. RiverNorth Capital and Income Fund has a fifty-two week low of $14.81 and a fifty-two week high of $16.90.

About RiverNorth Capital and Income Fund

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

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