RiverNorth Opportunities Fund, Inc. ( RIV ) will begin trading ex-dividend on May 12, 2016. A cash dividend payment of $0.14 per share is scheduled to be paid on May 26, 2016. Shareholders who purchased RIV prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 3rd quarter that RIV has paid the same dividend. At the current stock price of $19.15, the dividend yield is 8.77%.
The previous trading day's last sale of RIV was $19.15, representing a -9.41% decrease from the 52 week high of $21.14 and a 23.15% increase over the 52 week low of $15.55.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.