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RNDLX
RiverNorth Doubleline Strategic Income Fund Class RNMFQS

RNDLX Dividend Calculator: Forecast Your Returns

See how much monthly passive income you can generate from RiverNorth Doubleline Strategic Income Fund Class R. Calculate dividend growth with DRIP and compound interest using real-time data.

Current Price
$8.61
RNDL

Dividend Income Calculator

Adjust parameters to see how your investment grows
Investment value: $861.00
Shares: 100

1 Year

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0% (No Growth)

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20%

0% (No Growth)

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20%

DRIP (Reinvest Dividends)
Automatically reinvest dividends
Annual Contributions
Add money to investment yearly

0% (Tax-Advantaged)

20%

40%

The Snowball Effect: DRIP vs No DRIP

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DRIP (Dividend Reinvestment Plan) significantly accelerates portfolio growth through compounding.

Is RNDLX a Good Investment for 2026?

Based on the current price of $8.61, RNDLX offers a compelling dividend yield of 6.41%. This is higher than the S&P 500 average.

Historically, RiverNorth Doubleline Strategic Income Fund Class R has grown its payouts by an average of 5.2% annually over the last 5 years.

With a payout ratio of N/A (ETF), the dividend appears safe.

RNDLX vs Popular Alternatives

ETF / StockCurrent Yield5Y Dividend GrowthExpense Ratio
RNDL
RNDLX
RiverNorth Doubleline Strategic Income Fund Class R
6.41%5.2%1.77%ACTIVE
JEPQ_logo
JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
10.8%-0.35%Calculate →
SCHD_logo
SCHD
Schwab U.S. Dividend Equity ETF
3.15%9.2%0.06%Calculate →
VOO_logo
VOO
Vanguard S&P 500 ETF
1.08%7.4%0.03%Calculate →

Frequently Asked Questions about RNDLX

How much does RNDLX pay per share?

RNDLX currently pays an annual dividend of $0.55 per share, distributed annually.

When is the next ex-dividend date for RNDLX?

The next ex-dividend date for RNDLX is expected to be not yet announced. To receive the payment, you must own the stock before this date.

Is RNDLX a good dividend stock?

RNDLX has a dividend yield of 6.41% and has grown its dividend for 2 years. Its payout ratio is 0%, indicating poor dividend sustainability.
Your Annual Dividend Income
$38.64
Monthly: $3.22
Value after 10 Years:$2,139.87
Future Yield on Cost:16.3%
Total Dividends Earned:$608.50
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RNDLX Dividend Health Check

Dividend Yield6.41%
High Yield
Payout Safety
Pass-Through
Fund pass-through
Growth Streak2+ Years
Dividend growth streak is not yet established
Short History
Payment Frequency{{count}} times a year
0 payments per year
Next expected payment:
July 31, 2026