RIVERNORTH OPPO/SH (RMI) to Issue $0.09 Monthly Dividend

RIVERNORTH OPPO/SH (NYSE:RMI) announced a monthly dividend on Wednesday, April 3rd, Wall Street Journal reports. Stockholders of record on Thursday, April 18th will be given a dividend of 0.0917 per share on Tuesday, April 30th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 5.22%. The ex-dividend date of this dividend is Wednesday, April 17th.

RMI traded up $0.17 during midday trading on Friday, hitting $21.09. 18,013 shares of the company’s stock traded hands, compared to its average volume of 22,029. RIVERNORTH OPPO/SH has a one year low of $18.84 and a one year high of $21.30.

In other RIVERNORTH OPPO/SH news, insider Robert A. Dimella acquired 5,000 shares of the business’s stock in a transaction that occurred on Monday, March 18th. The shares were purchased at an average price of $20.39 per share, with a total value of $101,950.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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There is no company description available for RiverNorth Opportunistic Municipal Income Fund, Inc.

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Dividend History for RIVERNORTH OPPO/SH (NYSE:RMI)

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