Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) declared a monthly dividend on Thursday, October 3rd, Wall Street Journal reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.0916 per share on Friday, November 29th. This represents a $1.10 dividend on an annualized basis and a yield of 6.91%. The ex-dividend date is Friday, November 15th.
Rivernorth Managed Duration Municipal Income Fund Stock Performance
Shares of Rivernorth Managed Duration Municipal Income Fund stock opened at $15.91 on Friday. The stock’s 50-day moving average is $15.65 and its 200-day moving average is $15.20. Rivernorth Managed Duration Municipal Income Fund has a one year low of $12.32 and a one year high of $16.37.
Rivernorth Managed Duration Municipal Income Fund Company Profile
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