RiverNorth Opportunities Fund, Inc. (NYSE:RIV) Announces $0.13 Monthly Dividend

RiverNorth Opportunities Fund, Inc. (NYSE:RIV) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.1277 per share on Friday, January 31st. This represents a $1.53 dividend on an annualized basis and a dividend yield of 12.76%. The ex-dividend date of this dividend is Wednesday, January 15th.

RiverNorth Opportunities Fund has raised its dividend payment by an average of 19.4% annually over the last three years.

RiverNorth Opportunities Fund Stock Up 1.7 %

RiverNorth Opportunities Fund stock traded up $0.20 during mid-day trading on Friday, hitting $12.01. The company’s stock had a trading volume of 104,028 shares, compared to its average volume of 116,614. RiverNorth Opportunities Fund has a 52-week low of $11.00 and a 52-week high of $12.96. The firm’s 50 day moving average is $12.30 and its 200 day moving average is $12.37.

RiverNorth Opportunities Fund Company Profile

RiverNorth Opportunities Fund, Inc is a close ended equity mutual fund co- launched and co- managed by ALPS Advisors, Inc and RiverNorth Capital Management, LLC. It invests in the equity markets. The fund seeks to invest in stocks of companies operating across the diversified sectors. RiverNorth Opportunities Fund, Inc was formed on December 24, 2015 and is domiciled in the United States.