RiverNorth Opportunities Fund Inc Announces Quarterly Dividend Declaration

Friday, 19 July 2024, 21:40

RiverNorth Opportunities Fund Inc has declared a quarterly dividend of $0.375 per share on its 6% perpetual preferred shares (RIV.PR.A). This dividend declaration aligns with previous distributions, maintaining a forward yield of 6%. Investors can expect continued income stability from this investment, making it an attractive option for income-focused portfolios.
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RiverNorth Opportunities Fund Inc Announces Quarterly Dividend Declaration

RiverNorth Opportunities Fund Inc Dividend Announcement

RiverNorth Opportunities Fund Inc has recently made headlines with its announcement of a quarterly dividend on its preferred shares.

Details of the Dividend

  • Dividend Amount: $0.375 per share
  • Security Type: 6% Perpetual Preferred Shares
  • Ticker: RIV.PR.A
  • Forward Yield: 6%

This declaration is consistent with its previous dividend announcements, reinforcing the company’s commitment to providing returns to its investors. Such stability in dividend payments can be an important indicator for investors looking for reliable income sources.

Conclusion

Overall, the consistent dividend payments from RiverNorth Opportunities Fund Inc place it in a favorable light among potential investors aiming for steady yield and income generation.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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