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

RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.1357 per share on Friday, January 31st. This represents a $1.63 dividend on an annualized basis and a yield of 10.70%. The ex-dividend date is Wednesday, January 15th.

RiverNorth Capital and Income Fund has increased its dividend payment by an average of 25.2% annually over the last three years. RiverNorth Capital and Income Fund has a dividend payout ratio of 93.3% indicating that its dividend is currently covered by earnings, but may not be in the future if the company’s earnings decline.

RiverNorth Capital and Income Fund Stock Down 0.3 %

Shares of RSF stock traded down $0.04 on Friday, reaching $15.22. 30,688 shares of the company were exchanged, compared to its average volume of 21,094. RiverNorth Capital and Income Fund has a 1 year low of $14.90 and a 1 year high of $16.90. The business has a 50-day moving average price of $15.32 and a 200 day moving average price of $15.29.

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.