Rivernorth Opportunities Fund Inc.'s 6.00% Series A perpetual preferred stock (RIV.PRA) will trade ex-dividend on 5/1/26 for a quarterly dividend of $0.375, payable on 5/15/26. Based on the recent share price of $22.75, the dividend implies an annualized yield of about 6.6% on the preferred stock. The announcement is routine and primarily informational.
Rivernorth Opportunities Fund Inc.'s 6.00% Series A perpetual preferred stock (RIV.PRA) will trade ex-dividend on 5/1/26 for a quarterly dividend of $0.375, payable on 5/15/26. Based on the recent share price of $22.75, the dividend implies an annualized yield of about 6.6% on the preferred stock. The announcement is routine and primarily informational.
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