Rivernorth Opportunities Fund (Rivernorth Opportunities Fund) Dividend Payout Ratio

: 0.69 (As of Jan. 2024)

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Rivernorth Opportunities Fund's dividend payout ratio for the months ended in Jan. 2024 was 0.69.

The historical rank and industry rank for Rivernorth Opportunities Fund's Dividend Payout Ratio or its related term are showing as below:

RIV' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.61 Med: 1.51 Max: 2.78
Current: 0.69

During the past 6 years, the highest Dividend Payout Ratio of Rivernorth Opportunities Fund was 2.78. The lowest was 0.61. And the median was 1.51.

RIV's Dividend Payout Ratio is ranked better than
59.38% of 938 companies
in the Asset Management industry
Industry Median: 0.83 vs RIV: 0.69

As of today (2024-04-23), the Dividend Yield % of Rivernorth Opportunities Fund is 13.25%.

During the past 6 years, the highest Trailing Annual Dividend Yield of Rivernorth Opportunities Fund was 23.51%. The lowest was 9.00%. And the median was 13.24%.

Rivernorth Opportunities Fund's Dividends per Share for the months ended in Jan. 2024 was $0.77.

During the past 12 months, Rivernorth Opportunities Fund's average Dividends Per Share Growth Rate was -25.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.90% per year.

During the past 6 years, the highest 3-Year average Dividends Per Share Growth Rate of Rivernorth Opportunities Fund was 3.10% per year. The lowest was -1.50% per year. And the median was 1.40% per year.

The growth rate is calculated with least square regression.

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

Rivernorth Opportunities Fund Dividend Payout Ratio Historical Data

The historical data trend for Rivernorth Opportunities Fund's Dividend Payout Ratio can be seen below:

* 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.

* Premium members only.

Rivernorth Opportunities Fund Annual Data

Trend

Oct17

Jul18

Jul19

Jul20

Jul21

Jul22

Dividend Payout Ratio

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2.78

2.28

0.61

Rivernorth Opportunities Fund Semi-Annual Data
	Oct17	Apr18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Dividend Payout Ratio	Get a 7-Day Free Trial							0.80	-	-	2.08	0.69

Competitive Comparison

For the Asset Management subindustry, Rivernorth Opportunities Fund's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Opportunities Fund Dividend Payout Ratio Distribution

For the Asset Management industry and Financial Services sector, Rivernorth Opportunities Fund's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Rivernorth Opportunities Fund's Dividend Payout Ratio falls into.

Rivernorth Opportunities Fund Dividend Payout Ratio Calculation

Dividend payout ratio measures the percentage of the company's earnings paid out as dividends.

Rivernorth Opportunities Fund's Dividend Payout Ratio for the fiscal year that ended in Jul. 2022 is calculated as

Dividend Payout Ratio	=	Dividends per Share (A: Jul. 2022 )	/	EPS without NRI (A: Jul. 2022 )
	=	2.283	/	-0.67
	=	N/A

Rivernorth Opportunities Fund's Dividend Payout Ratio for the quarter that ended in Jan. 2024 is calculated as

Dividend Payout Ratio	=	Dividends per Share (Q: Jan. 2024 )	/	EPS without NRI (Q: Jan. 2024 )
	=	0.769	/	1.11
	=	0.69

Rivernorth Opportunities Fund (NYSE:RIV) Dividend Payout Ratio Explanation

In dividends investing, Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Rivernorth Opportunities Fund Dividend Payout Ratio Related Terms

Thank you for viewing the detailed overview of Rivernorth Opportunities Fund's Dividend Payout Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Rivernorth Opportunities Fund (Rivernorth Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Rivernorth Opportunities Fund Inc (NYSE:RIV) » Definitions » Dividend Payout Ratio

Comparable Companies

Traded in Other Exchanges

RIVpA.PFD:USA

Address

360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401

Website

https://www.rivernorth.com/riv

Rivernorth Opportunities Fund Inc is a diversified, closed-end management investment company. The fund's investment objective is total return consisting of capital appreciation and current income.

Executives

Jerry Raio	director	360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Patrick W. Galley	director	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
John Wayne Hutchens	director	360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Stephen Andrew O'neill	other: Portfolio Manager	360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401
David Swanson	director	325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654
Erich Rettinger	officer: Treasurer	1290 BROADWAY SUITE 1100, DENVER CO 80203
Robert Douglas Mcclure	officer: Treasurer	1290 BROADWAY, SUITE 1000, DENVER CO 80203
Brian H Schmucker	other: Officer of Subadviser	325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654
Rivernorth Capital Management, Llc	other: Investment Sub Adviser	360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401
Sareena Khwaja-dixon	officer: Secretary	1290 BROADWAY, SUITE 1100, DENVER CO 80203
John S. Oakes	director	325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654
Laton Spahr	other: President of the Adviser	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Matthew Sutula	other: Interim CCO	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Michael Sleightholme	other: Officer of Investment Advisor	1290 BROADWAY, SUITE 1100, DENVER CO 80203