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

RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.1357 per share on Monday, March 31st. This represents a $1.63 dividend on an annualized basis and a yield of 10.70%. The ex-dividend date of this dividend is Friday, March 14th.

RiverNorth Capital and Income Fund has increased its dividend payment by an average of 25.2% per year over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 93.3% 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

NYSE RSF traded down $0.04 during trading on Friday, hitting $15.22. 30,688 shares of the company traded hands, compared to its average volume of 21,094. The business has a fifty day simple moving average of $15.32 and a 200 day simple moving average of $15.29. RiverNorth Capital and Income Fund has a 12 month low of $14.90 and a 12 month high of $16.90.

RiverNorth Capital and Income Fund Company Profile

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.