RiverNorth Opportunities Fund, Inc.
RIVFinancial Services · Stock · monthly payer
$11.61
Add to PortfolioForward Yield
13.33%
Annual Dividend
$1.55
Payout Ratio
66%
5-Yr Growth
-6.6%
Ex-Date
Jun 15, 2026
Frequency
Monthly
RIV Dividend Safety Score
56/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyCut its dividend in 2023
Earnings payout coverage66% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is RIV a good dividend stock?
MixedRiverNorth Opportunities Fund, Inc. (RIV) pays a monthly dividend yielding 13.33% ($1.55/yr), with 0 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2023
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 13.33%
- Payout Ratio
- 66%
- Annual Dividend
- $1.55
- 5-Yr Avg Growth
- -6.6%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $317.7M
- P/E Ratio
- 5.0
- 5-Yr Total Return
- -35%
- 52-Week Range
- $10.93 – $12.36
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.1310 | regular |
| Apr 15, 2026 | — | $0.1310 | regular |
| Mar 16, 2026 | — | $0.1310 | regular |
| Feb 13, 2026 | — | $0.1310 | regular |
| Jan 15, 2026 | — | $0.1310 | regular |
| Dec 15, 2025 | — | $0.1280 | regular |
| Nov 14, 2025 | — | $0.1280 | regular |
| Oct 15, 2025 | — | $0.1280 | regular |
| Sep 15, 2025 | — | $0.1280 | regular |
| Aug 15, 2025 | — | $0.1243 | regular |
| Jul 15, 2025 | — | $0.1243 | regular |
| Jun 13, 2025 | — | $0.1243 | regular |
| May 15, 2025 | — | $0.1243 | regular |
| Apr 15, 2025 | — | $0.1243 | regular |
Income Calculator
At $1.55 / yr per share
Per payment (monthly)$12.92
Annual$155.00
Monthly avg$12.92
