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Stock impact report

Rivernorth Opportunities Fund, Inc. Declares Monthly Distributions of $0.17 Per Share

RiverNorth Opportunities Fund, Inc. (RIV) 
NASDAQ:AMEX Investor Relations: rivernorthcef.com
Company Research Source: Business Wire
DENVER,--(BUSINESS WIRE)--RiverNorth Opportunities Fund, Inc. (the “Fund”), which is traded on the New York Stock Exchange under the symbol “RIV,” announced the declaration of monthly distributions of $0.17 per share, payable on the dates noted below. Under the Fund’s amended level distribution policy announced in a press release on September 26, 2018, the distribution rate has been set to the amount equal to approximately 12.5% (annualized) of the average of the Fund’s net asset value (“NAV”) per share, as reported for the final five trading days of the 2018 calendar year. Based on the Fund’s current NAV per share of $17.48 (as of market close July 1, 2019), the distributions represent an annualized distribution rate of 11.67%.The following dates apply to the distributions declared:Ex DateRecord DatePayable DateAugust 14, 2019August 15, 2019August 30, 2019September 16, 2019September 17, 2019September 30, 2019October 14, 2019October 15, 2019October 31, 2019RISKSThis press release Show less Read more
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