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Stock impact report

RiverNorth Opportunities Fund, Inc. Declares Monthly Distributions Of $0.18 Per Share

RiverNorth Opportunities Fund, Inc. (RIV) 
NASDAQ:AMEX Investor Relations: rivernorthcef.com
Company Research Source: PR Newswire
DENVER, March 6, 2020 /PRNewswire/ -- RiverNorth Opportunities Fund, Inc. (the "Fund"), which trades on the New York Stock Exchange under the symbol "RIV," announced the declaration of monthly distributions of $0.18 per share, payable on the dates noted below. Under the Fund's level distribution policy, the distribution rate has been set to an 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 2019 calendar year. Based on the Fund's current NAV per share of $16.03 (as of market close February 28, 2020), the distributions represent an annualized distribution rate of 13.47%.  The following dates apply to the distributions declared:Ex Date Record Date Payable DateApril 15, 2020April 16, 2020April 30, 2020May 14, 2020May 15, 2020May 29, 2020June 15, 2020June 16, 2020June 30, 2020RISKSThis press release is not for tax reporting purposes but is being provided to announce the amou Show less Read more
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