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

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

RiverNorth Capital and Income Fund Stock Performance

The firm’s 50-day moving average is $15.19 and its 200 day moving average is $15.64.

RiverNorth Capital and Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Friday, June 28th. Investors of record on Friday, June 14th will be given a dividend of $0.1398 per share. This represents a $1.68 annualized dividend and a yield of 11.03%. The ex-dividend date of this dividend is Friday, June 14th. RiverNorth Capital and Income Fund’s dividend payout ratio (DPR) is 112.67%.

Institutional Investors Weigh In On RiverNorth Capital and Income Fund

An institutional investor recently bought a new position in RiverNorth Capital and Income Fund stock. Alpine Global Management LLC bought a new stake in RiverNorth Capital and Income Fund, Inc. (NYSE:RSFFree Report) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 73,778 shares of the company’s stock, valued at approximately $1,170,000.

RiverNorth Capital and Income Fund Company Profile

(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.

Further Reading

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