RiverNorth Capital and Income Fund (NYSE:RSF) Shares Up 0.5%

Shares of RiverNorth Capital and Income Fund, Inc. (NYSE:RSFGet Free Report) shot up 0.5% during trading on Tuesday . The company traded as high as $15.29 and last traded at $15.27. 14,959 shares were traded during mid-day trading, a decline of 16% from the average session volume of 17,793 shares. The stock had previously closed at $15.20.

RiverNorth Capital and Income Fund Trading Up 0.5 %

The firm’s fifty day moving average price is $15.19 and its two-hundred day moving average price is $15.64.

RiverNorth Capital and Income Fund Dividend Announcement

The business also recently announced a monthly dividend, which will be paid on Friday, June 28th. Shareholders of record on Friday, June 14th will be paid a dividend of $0.1398 per share. The ex-dividend date is Friday, June 14th. This represents a $1.68 dividend on an annualized basis and a yield of 10.99%. RiverNorth Capital and Income Fund’s dividend payout ratio is presently 112.67%.

Institutional Trading of RiverNorth Capital and Income Fund

An institutional investor recently bought a new position in RiverNorth Capital and Income Fund stock. Waverly Advisors LLC purchased a new stake in shares of RiverNorth Capital and Income Fund, Inc. (NYSE:RSFFree Report) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 157,707 shares of the company’s stock, valued at approximately $2,501,000.

About RiverNorth Capital and Income Fund

(Get Free Report)

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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