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RMPLP.PFD (RiverNorth Capital andome Fund) 3-Year Dividend Growth Rate : -1.10% (As of Dec. 2024)


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What is RiverNorth Capital andome Fund 3-Year Dividend Growth Rate?

RiverNorth Capital andome Fund's Dividends per Share for the six months ended in Dec. 2024 was $0.00.

The historical rank and industry rank for RiverNorth Capital andome Fund's 3-Year Dividend Growth Rate or its related term are showing as below:

RMPLp.PFD' s 3-Year Dividend Growth Rate Range Over the Past 10 Years
Min: -1.1   Med: 1.85   Max: 4.8
Current: -1.1

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of RiverNorth Capital andome Fund was 4.80% per year. The lowest was -1.10% per year. And the median was 1.85% per year.

RMPLp.PFD's 3-Year Dividend Growth Rate is ranked worse than
65.86% of 864 companies
in the Asset Management industry
Industry Median: 3.2 vs RMPLp.PFD: -1.10

During the past 12 months, RiverNorth Capital andome Fund's average Dividends Per Share Growth Rate was -0.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.

RiverNorth Capital andome Fund's Dividend Payout Ratio for the six months ended in Dec. 2024 was 0.00. As of today, RiverNorth Capital andome Fund's Dividend Yield % is 5.81%.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of RiverNorth Capital and Income Fund is 1.08, which seems too high.

For more information regarding to dividend, please check our Dividend Page.


Competitive Comparison of RiverNorth Capital andome Fund's 3-Year Dividend Growth Rate

For the Asset Management subindustry, RiverNorth Capital andome Fund's 3-Year Dividend Growth Rate, along with its competitors' market caps and 3-Year Dividend Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


RiverNorth Capital andome Fund's 3-Year Dividend Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Capital andome Fund's 3-Year Dividend Growth Rate distribution charts can be found below:

* The bar in red indicates where RiverNorth Capital andome Fund's 3-Year Dividend Growth Rate falls into.


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RiverNorth Capital andome Fund 3-Year Dividend Growth Rate Calculation

This is the average annual rate that a company has been raising its dividends. The growth rate is calculated with expontential compound based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.


RiverNorth Capital andome Fund  (NYSE:RMPLp.PFD) 3-Year Dividend Growth Rate Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

RiverNorth Capital andome Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2024 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2024 )/ EPS without NRI (Q: Dec. 2024 )
=0/ 0
=N/A

During the past 6 years, the highest Dividend Payout Ratio of RiverNorth Capital andome Fund was 1.86. The lowest was 0.41. And the median was 0.85.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of RiverNorth Capital and Income Fund is 1.08, which seems too high.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

RiverNorth Capital andome Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.3671902024-08-012024-08-012024-08-15Cash DividendquarterlyUSD:USD 1.000000
USD 0.3671902024-05-012024-05-022024-05-15Cash DividendquarterlyUSD:USD 1.000000

* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.

RiverNorth Capital andome Fund's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=0.73438/25.29
=2.90 %

Current Share Price is $25.29.
RiverNorth Capital andome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $0.73438.

During the past 6 years, the highest Dividend Yield of RiverNorth Capital andome Fund was 12.32%. The lowest was 5.81%. And the median was 10.95%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


RiverNorth Capital andome Fund 3-Year Dividend Growth Rate Related Terms>


RiverNorth Capital andome Fund Business Description

Traded in Other Exchanges
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Capital and Income Fund is a diversified, closed-end management investment company. Its investment objective is to seek a high level of current income by investing in credit instruments, including a portfolio of securities of specialty finance and other financial companies.
Executives
Patrick W. Galley director, officer: PRESIDENT 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Lisa Bruckert Mougin director C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
Janae Stanton other: Portfolio Manager 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
John Wayne Hutchens director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
David Swanson director 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
Jerry Raio director 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Rivernorth Capital Management, Llc other: Investment Adviser 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Brian H Schmucker other: OFFICER OF THE INVEST. ADVISER 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Bartow Philip K Iii other: PORTFOLIO MANAGER 325 NORTH LASALLE ST., SUITE 645, CHICAGO IL 60654
John S. Oakes director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
John K Carter director 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607
Jonathan M. Mohrhardt officer: CFO and Treasurer 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Marcus L Collins officer: CCO and Secretary 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Fred G Steingraber director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
James G. Kelley director 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654