RiverNorth Capital and Income Fund, Inc. (NYSE:RSF – Get Free Report) announced a monthly dividend on Thursday, January 4th, Wall Street Journal reports. Stockholders of record on Thursday, February 15th will be paid a dividend of 0.1398 per share on Thursday, February 29th. This represents a $1.68 annualized dividend and a dividend yield of 10.43%. The ex-dividend date of this dividend is Wednesday, February 14th.
RiverNorth Capital and Income Fund has decreased its dividend payment by an average of 4.3% per year over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 112.0% indicating that the company cannot currently cover its dividend with earnings alone and is relying on its balance sheet to cover its dividend payments.
RiverNorth Capital and Income Fund Price Performance
Shares of NYSE:RSF opened at $16.09 on Monday. RiverNorth Capital and Income Fund has a 1-year low of $14.81 and a 1-year high of $16.24. The business’s 50 day moving average is $15.81 and its 200-day moving average is $15.50.
Hedge Funds Weigh In On RiverNorth Capital and Income Fund
About RiverNorth Capital and Income Fund
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.
- Five stocks we like better than RiverNorth Capital and Income Fund
- What is the Euro STOXX 50 Index?
- Uber quadruples EPS estimates, but is growth decelerating?
- Financial Services Stocks Investing
- 3 stocks set to benefit from record Valentine’s Day spending
- Transportation Stocks Investing
- Tradeweb is a disruptive pure play on financial market liquidity
Receive News & Ratings for RiverNorth Capital and Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RiverNorth Capital and Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.