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Rivernorth Opportunities Fund (Rivernorth Opportunities Fund) Dividend Yield % : 13.29% (As of Apr. 25, 2024)


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What is Rivernorth Opportunities Fund Dividend Yield %?

As of today (2024-04-25), the Trailing Annual Dividend Yield of Rivernorth Opportunities Fund is 13.29%.

Warning Sign:

Rivernorth Opportunities Fund Inc stock dividend yield is close to 2-year low.

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

RIV' s Dividend Yield % Range Over the Past 10 Years
Min: 9   Med: 13.24   Max: 23.51
Current: 13.29

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

RIV's Dividend Yield % is ranked better than
93.74% of 1215 companies
in the Asset Management industry
Industry Median: 5.63 vs RIV: 13.29

Rivernorth Opportunities Fund's Dividend Payout Ratio for the six months ended in Jan. 2024 was 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.

As of today (2024-04-25), the Forward Dividend Yield % of Rivernorth Opportunities Fund is 13.36%.

Rivernorth Opportunities Fund's Dividends per Share for the six 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 Yield % Historical Data

The historical data trend for Rivernorth Opportunities Fund's Dividend Yield % 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 Dividend Yield % Chart

Rivernorth Opportunities Fund Annual Data
Trend Oct17 Jul18 Jul19 Jul20 Jul21 Jul22
Dividend Yield %
Get a 7-Day Free Trial 9.65 12.89 14.25 11.47 15.63

Rivernorth Opportunities Fund Semi-Annual Data
Oct17 Apr18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jan24
Dividend Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.47 14.09 15.63 16.31 13.38

Competitive Comparison of Rivernorth Opportunities Fund's Dividend Yield %

For the Asset Management subindustry, Rivernorth Opportunities Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % 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's Dividend Yield % Distribution in the Asset Management Industry

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

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



Rivernorth Opportunities Fund Dividend Yield % Calculation

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

Rivernorth Opportunities Fund Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.1292024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1292024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1292024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1292024-01-122024-01-162024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1282023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1282023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1282023-10-122023-10-132023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1282023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1282023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1282023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1282023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1282023-05-122023-05-152023-05-31Cash DividendmonthlyUSD: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 Opportunities Fund's Trailing Annual Dividend Yield (%) for Today is calculated as

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.54/11.57
=13.31 %

Current Share Price is $11.57.
Rivernorth Opportunities Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.54.

Rivernorth Opportunities Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.548/11.57
=13.38 %

Current Share Price is $11.57.
Rivernorth Opportunities Fund's Dividends per Share for the forward twelve months is calculated as $0.129 * 12 = $1.548.

* 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 Opportunities Fund  (NYSE:RIV) Dividend Yield % Explanation

Over the long term, the return from dividends has been a significant contributor to the total returns produced by equity securities. Studies by Elroy Dimson, Paul Marsh, and Mike Staunton of Princeton University (2002) found that a market-oriented portfolio, which included reinvested dividends, would have generated nearly 85 times the wealth generated by the same portfolio relying solely on capital gains.

Dividends may also qualify a lower tax rate for investors.

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.

You can find the stocks that owned most by Gurus here. Or you can check out Warren Buffett's highest dividend stocks here.


Rivernorth Opportunities Fund Dividend Yield % Related Terms

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


Rivernorth Opportunities Fund (Rivernorth Opportunities Fund) Business Description

Traded in Other Exchanges
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
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