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RiverNorth Capital andome Fund (RiverNorth Capital andome Fund) Forward Dividend Yield % : 11.10% (As of May. 21, 2024)


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What is RiverNorth Capital andome Fund Forward Dividend Yield %?

As of today (2024-05-21), the Forward Annual Dividend Yield of RiverNorth Capital andome Fund is 11.10%.

As of today (2024-05-21), the Trailing Annual Dividend Yield of RiverNorth Capital andome Fund is 11.07%.

RSF's Forward Dividend Yield % is ranked better than
86.47% of 1212 companies
in the Asset Management industry
Industry Median: 5.765 vs RSF: 11.10

RiverNorth Capital andome Fund's Dividends per Share for the six months ended in Dec. 2023 was $0.84.

During the past 12 months, RiverNorth Capital andome Fund's average Dividends Per Share Growth Rate was -12.90% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 4.80% per year.

During the past 5 years, the highest 3-Year average Dividends Per Share Growth Rate of RiverNorth Capital andome Fund was 4.80% per year. The lowest was 4.80% per year. And the median was 4.80% per year.

The growth rate is calculated with least square regression.

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


Competitive Comparison of RiverNorth Capital andome Fund's Forward Dividend Yield %

For the Asset Management subindustry, RiverNorth Capital andome Fund's Forward Dividend Yield %, along with its competitors' market caps and Forward 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 Capital andome Fund's Forward Dividend Yield % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Capital andome Fund's Forward Dividend Yield % distribution charts can be found below:

* The bar in red indicates where RiverNorth Capital andome Fund's Forward Dividend Yield % falls into.



RiverNorth Capital andome Fund Forward Dividend Yield % Calculation

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 0.1398002024-05-142024-05-152024-05-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1398002024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1376012024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.1376012024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1376012024-01-122024-01-162024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1401602023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1401602023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.1401602023-10-122023-10-132023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1401602023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.1401602023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1401602023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.1401602023-06-142023-06-152023-06-30Cash 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 Capital andome Fund's Forward Annual Dividend Yield (%) for Today is calculated as

Forward Annual Dividend Yield=Forward Full Year Dividend/Current Share Price
=1.6776/15.11
=11.10 %

Current Share Price is $15.11.
RiverNorth Capital andome Fund's Dividends per Share for the forward twelve months is calculated as $0.1398 * 12 = $1.6776.

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

Trailing Annual Dividend Yield=Most Recent Full Year Dividend/Current Share Price
=1.673523/15.11
=11.08 %

Current Share Price is $15.11.
RiverNorth Capital andome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.673523.

* 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  (NYSE:RSF) Forward 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 Capital andome Fund Forward Dividend Yield % Related Terms

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


RiverNorth Capital andome Fund (RiverNorth Capital andome Fund) Business Description

Traded in Other Exchanges
Address
360 S. 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