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RiverNorth Specialty Finance Co. (NYSE:RSF) to Issue $0.17 Monthly Dividend

kopsource ·  Aug 15, 2022 08:31

RiverNorth Specialty Finance Co. (NYSE:RSF – Get Rating) announced a monthly dividend on Wednesday, July 6th, Wall Street Journal reports. Shareholders of record on Wednesday, August 17th will be paid a dividend of 0.1662 per share on Wednesday, August 31st. This represents a $1.99 annualized dividend and a yield of 10.80%. The ex-dividend date is Tuesday, August 16th.

RiverNorth Specialty Finance Stock Up 0.9 %

RSF stock opened at $18.46 on Monday. RiverNorth Specialty Finance has a twelve month low of $16.98 and a twelve month high of $20.04. The company has a 50 day moving average of $18.12.

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Hedge Funds Weigh In On RiverNorth Specialty Finance

An institutional investor recently raised its position in RiverNorth Specialty Finance stock. Raymond James & Associates boosted its position in shares of RiverNorth Specialty Finance Co. (NYSE:RSF – Get Rating) by 13.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,885 shares of the company's stock after acquiring an additional 5,000 shares during the quarter. Raymond James & Associates' holdings in RiverNorth Specialty Finance were worth $832,000 at the end of the most recent reporting period.

About RiverNorth Specialty Finance

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RiverNorth Specialty Finance Corporation's ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

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