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Stock impact report

RiverNorth Marketplace Lending Corporation Declares Monthly Distributions of $0.18 Per Share

RiverNorth Capital and Income Fund (RSF) 
Company Research Source: Business Wire
CHICAGO--(BUSINESS WIRE)--RiverNorth Marketplace Lending Corporation (the “Fund”) (NYSE: RSF) announced the declaration of monthly distributions of $0.18 per common share for the months of January, February and March 2020, payable on the dates noted below. In accordance with the level distribution policy, the rate has been set equal to 10% of the Fund’s common shares’ net asset value (NAV) as of the last business day of the Fund’s fiscal year, June 28, 2019, $21.45. Based on the Fund’s current NAV per share of $20.15 (as of market close December 31, 2019), the distributions represent an annualized distribution rate of 10.72%. Based on the Fund’s current market price per share of $18.22 the annualized market price distribution rate is 11.86%.The following dates apply to the distributions declared:Ex DateRecord DatePayable DatePer ShareJanuary 16, 2020January 17, 2020January 31, 2020$0.18February 13, 2020February 14, 2020February 28, 2020$0.18March 16, 2020March 17, 2020March 31, 20 Show less Read more
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