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

RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be paid a dividend of 0.1398 per share on Wednesday, July 31st. This represents a $1.68 dividend on an annualized basis and a yield of 10.91%. The ex-dividend date of this dividend is Monday, July 15th.

RiverNorth Capital and Income Fund has increased its dividend by an average of 25.2% per year over the last three years. RiverNorth Capital and Income Fund has a payout ratio of 89.8% meaning its dividend is currently covered by earnings, but may not be in the future if the company’s earnings tumble.

RiverNorth Capital and Income Fund Price Performance

RiverNorth Capital and Income Fund stock traded up $0.07 during trading hours on Tuesday, reaching $15.38. The company had a trading volume of 1,734 shares, compared to its average volume of 18,561. The company has a 50-day moving average price of $15.21 and a 200 day moving average price of $15.61. RiverNorth Capital and Income Fund has a 12-month low of $14.81 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.