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 April, May and June 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 $18.88 (as of market close March 31, 2020), the distributions represent an annualized distribution rate of 11.44%. Based on the Fund’s current market price per share of $16.16 the annualized market price distribution rate is 13.37%.The following dates apply to the distributions declared:Ex DateRecord DatePayable DatePer ShareApril 15, 2020April 16, 2020April 30, 2020$0.18May 14, 2020May 15, 2020May 29, 2020$0.18June 15, 2020June 16, 2020June 30, 2020$0.18Common stockholders have the
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RSF
Sec Filings
- 10/31/24 - Form 25-NSE
- 10/22/24 - Form N-2/A
- 10/1/24 - Form 8-K
- RSF's page on the SEC website