|Bid||17.64 x 1000|
|Ask||17.68 x 3100|
|Day's Range||17.57 - 17.75|
|52 Week Range||14.05 - 18.71|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||1.83 (10.33%)|
|Ex-Dividend Date||Mar 16, 2021|
|1y Target Est||N/A|
RiverNorth Specialty Finance Corporation (the "Fund") (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5%, or 258,135 of its outstanding common shares. The repurchase offer expired at 5:00 P.M. Eastern Time on January 6, 2021.
Several RiverNorth Closed-End Funds have announced the declaration of monthly distributions for January, February and March 2021 in accordance with each Fund’s level distribution policy, as detailed below. The following dates apply to the monthly distribution declarations for the tax-exempt and taxable closed-end funds:
RiverNorth Specialty Finance Corporation (the "Fund") (NYSE: RSF) announced the declaration of monthly distributions of $0.1453 per common share for the months of October, November and December 2020, payable on the dates noted below. In accordance with the level distribution policy, the rate has been set equal to 10% of the Fund’s common shares’ net asset value (NAV) as of the last business day of the Fund’s fiscal year, June 30, 2020, $17.44. Based on the Fund’s current market price per share of $14.83 (as of market close September 30, 2020), the annualized market price distribution rate is 11.76%.