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

RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Investors of record on Friday, March 14th will be paid 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 10.67%. The ex-dividend date of this dividend is Friday, March 14th.

RiverNorth Capital and Income Fund has decreased its dividend by an average of 2.8% per year over the last three years. RiverNorth Capital and Income Fund has a dividend payout ratio of 90.6% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings fall.

RiverNorth Capital and Income Fund Price Performance

RSF stock opened at $15.26 on Wednesday. The company’s 50-day simple moving average is $15.32 and its 200-day simple moving average is $15.29. RiverNorth Capital and Income Fund has a 52-week low of $14.90 and a 52-week high of $16.90.

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

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