Dividend Information about RiverNorth Capital: Everything You Need to Know Before Its Ex-Dividend Date on Oct 15, 2025

RiverNorth Capital (RSF) has announced its upcoming dividend payment, with an ex-dividend date set for Oct 15, 2025. The company declared the dividend on Oct 1, 2025, and the payment is scheduled for Oct 31, 2025, with a cash dividend of $0.1357 per share. This represents a slight decrease compared to the average of the last 10 dividend payments, which stood at $0.1552 per share. The dividend type is a cash dividend, consistent with the company's prior distributions. The last dividend was paid on Sep 30, 2025, also at $0.1357 per share, with the same form of distribution. Investors should be aware that the ex-dividend date is the last opportunity to purchase the stock and still qualify for the upcoming dividend, as any purchases after this date will not be entitled to the payout.

Over the past week, several significant developments have impacted RiverNorth Opportunities Fund, Inc., part of the RiverNorth family of funds. On Oct 6, 2025, the fund announced preliminary results for its transferable rights offering, which expired on that date. Subscription requests for 5,906,588 shares were received, with the fund expecting to issue the same number of new shares on or about Oct 10, 2025. Gross proceeds are estimated at $70.6 million before expenses, and the final subscription price per share was set at $11.95, calculated as 92.5% of the fund’s net asset value (NAV) per share on the expiration date. The NAV used was $12.92, and since the final price was higher than the original estimated $11.71 per share, no excess payments will be returned to subscribers.

As of late, the fund has also confirmed its intention to issue new shares for the purposes of its October 2025 distribution, with the newly issued shares being eligible for the upcoming payout. This move highlights the fund’s ongoing efforts to maintain its distribution schedule and support shareholder returns. Additionally, RiverNorth Capital Management, the parent company, continues to manage a total of $4.9 billion in assets, underscoring its strong presence in the closed-end fund market.

RiverNorth Capital and Income Fund has recently seen insider activity with insiders purchasing more shares than they have sold, indicating strong internal confidence in the company’s future. This aligns with broader positive sentiment in the market for the fund, as recent trading data shows mixed performance but overall stability in its stock price.

In conclusion, investors should consider the latest developments at RiverNorth Capital, particularly the dividend announcement and recent capital-raising activity, as key factors influencing its near-term performance. The ex-dividend date of Oct 15, 2025, marks the final day for investors to purchase the stock and still qualify for the $0.1357 per share dividend, with any purchases made afterward being ineligible for the distribution.