RiverNorth Capital and Income Fund, Inc. (NYSE:RSF – Get Rating) announced a monthly dividend on Tuesday, January 3rd, Wall Street Journal reports. Investors of record on Wednesday, March 15th will be paid a dividend of 0.1424 per share on Friday, March 31st. This represents a $1.71 annualized dividend and a dividend yield of 11.02%. The ex-dividend date of this dividend is Tuesday, March 14th. This is a boost from RiverNorth Capital and Income Fund's previous monthly dividend of $0.14.
RiverNorth Capital and Income Fund Stock Performance
Shares of RiverNorth Capital and Income Fund stock opened at $15.51 on Friday. RiverNorth Capital and Income Fund has a one year low of $15.37 and a one year high of $19.79. The stock's 50-day moving average is $16.12 and its 200 day moving average is $16.97.
Get RiverNorth Capital and Income Fund alerts:Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Boothbay Fund Management LLC bought a new position in RiverNorth Capital and Income Fund in the fourth quarter worth approximately $846,000. Raymond James & Associates boosted its holdings in RiverNorth Capital and Income Fund by 13.2% in the first quarter. Raymond James & Associates now owns 42,885 shares of the company's stock worth $832,000 after acquiring an additional 5,000 shares in the last quarter. Advisor Group Holdings Inc. boosted its holdings in RiverNorth Capital and Income Fund by 18.1% in the fourth quarter. Advisor Group Holdings Inc. now owns 41,267 shares of the company's stock worth $699,000 after acquiring an additional 6,326 shares in the last quarter. Bank of America Corp DE bought a new position in RiverNorth Capital and Income Fund in the fourth quarter worth approximately $236,000. Finally, Captrust Financial Advisors bought a new position in RiverNorth Capital and Income Fund in the second quarter worth approximately $64,000.
RiverNorth Capital and Income Fund Company Profile
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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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