Rivernorth Opportunities Fund Inc (RIV) to Issue $0.21 Monthly Dividend

Rivernorth Opportunities Fund Inc (NYSE:RIV) declared a monthly dividend on Thursday, September 27th, Wall Street Journal reports. Stockholders of record on Tuesday, December 18th will be paid a dividend of 0.21 per share on Monday, December 31st. This represents a $2.52 dividend on an annualized basis and a dividend yield of 13.45%. The ex-dividend date is Monday, December 17th.

Shares of NYSE RIV traded up $0.19 during mid-day trading on Thursday, reaching $18.74. 36,800 shares of the company traded hands, compared to its average volume of 50,698. Rivernorth Opportunities Fund has a fifty-two week low of $17.61 and a fifty-two week high of $21.63.

Rivernorth Opportunities Fund Company Profile

Rivernorth Opportunities Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return consisting of capital appreciation and current income. The Fund seeks to achieve its investment objective by pursuing a tactical asset allocation strategy and opportunistically investing under normal circumstances in closed-end funds and exchange-traded funds (ETFs, and collectively, Underlying Funds).

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Dividend History for Rivernorth Opportunities Fund (NYSE:RIV)

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