RiverNorth Opportunities Fund, Inc. (NYSE:RIV – Get Free Report) declared a monthly dividend on Wednesday, April 1st. Investors of record on Monday, June 15th will be given a dividend of 0.1306 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 13.5%. The ex-dividend date is Monday, June 15th.
RiverNorth Opportunities Fund Price Performance
RIV stock traded up $0.20 during trading on Friday, reaching $11.60. 91,824 shares of the company were exchanged, compared to its average volume of 84,525. The company has a 50-day moving average of $11.57 and a two-hundred day moving average of $11.68. RiverNorth Opportunities Fund has a twelve month low of $10.93 and a twelve month high of $12.56.
About RiverNorth Opportunities Fund
RiverNorth Opportunities Fund (NYSE:RIV) is a closed-end management investment company that seeks to deliver total return through a combination of current income and capital appreciation. Listed on the New York Stock Exchange, the fund employs an unconstrained, actively managed approach to investing across a broad array of convertible and derivative securities.
The fund’s primary investments include convertible bonds, convertible preferred stocks, synthetic convertible instruments (such as caps, floors and spreads), and related derivative instruments.
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