Raymond James Financial Inc. Buys Shares of 21,393 RiverNorth Capital and Income Fund, Inc. (NYSE:RSF)

Raymond James Financial Inc. bought a new stake in RiverNorth Capital and Income Fund, Inc. (NYSE:RSF) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 21,393 shares of the company’s stock, valued at approximately $330,000.

Separately, Absolute Investment Advisers LLC acquired a new position in RiverNorth Capital and Income Fund in the 4th quarter valued at approximately $189,000.

RiverNorth Capital and Income Fund Price Performance

Shares of NYSE:RSF opened at $15.17 on Friday. The firm has a fifty day moving average of $15.16 and a two-hundred day moving average of $15.23. RiverNorth Capital and Income Fund, Inc. has a 12-month low of $14.86 and a 12-month high of $16.02.

RiverNorth Capital and Income Fund Dividend Announcement

The company also recently disclosed a dividend, which was paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th were given a dividend of $0.1357 per share. The ex-dividend date was Tuesday, April 15th. This represents a yield of 10.86%. RiverNorth Capital and Income Fund’s payout ratio is 110.00%.

RiverNorth Capital and Income Fund Company Profile

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.