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Corporate Score 25 Neutral

Rivernorth Opportunities Fund Sets Ex-Dividend Date for Series A Preferred Stock

Apr 30, 2026 17:46 UTC
RIV.PRA, RIV
Immediate term

The fund has declared a quarterly dividend of $0.375 for its Series A Perpetual Preferred Stock. The ex-dividend date is scheduled for May 1, 2026.

  • Dividend amount: $0.375 per share
  • Ex-dividend date: May 1, 2026
  • Security: 6.00% Series A Perpetual Preferred Stock (RIV.PRA)
  • Common shares (RIV) traded up 0.3%

Rivernorth Opportunities Fund Inc has confirmed the distribution details for its 6.00% Series A Perpetual Preferred Stock (RIV.PRA), establishing the ex-dividend date for the upcoming quarterly payment. The fund will distribute a dividend of $0.375 per share. This routine payment is part of the fixed-income structure of the Series A preferred shares, which are designed to provide consistent income streams to shareholders. The ex-dividend date is officially set for May 1, 2026. Investors must hold the shares prior to this date to be eligible for the quarterly payout. In recent trading sessions, the preferred shares (RIV.PRA) remained flat, while the fund's common shares (RIV) saw a marginal increase of approximately 0.3%. The announcement is expected to have minimal impact on the overall price action of the securities as it aligns with historical dividend patterns.

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