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

RiverNorth Opportunities Fund, Inc. (NYSE:RIV) announced a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Shareholders of record on Thursday, August 15th will be paid a dividend of 0.1289 per share on Friday, August 30th. This represents a $1.55 annualized dividend and a yield of 12.58%. The ex-dividend date is Thursday, August 15th.

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

RiverNorth Opportunities Fund Stock Up 0.2 %

RIV stock traded up $0.03 during mid-day trading on Wednesday, hitting $12.30. The company had a trading volume of 43,143 shares, compared to its average volume of 76,290. RiverNorth Opportunities Fund has a 12-month low of $9.63 and a 12-month high of $12.43. The company has a 50-day moving average price of $12.08 and a 200 day moving average price of $11.75.

About RiverNorth Opportunities Fund

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.