RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.0951 per share on Monday, March 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.45%. The ex-dividend date of this dividend is Friday, March 14th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
RiverNorth Managed Duration Municipal Income Fund II stock traded up $0.22 during trading on Friday, reaching $15.32. The company had a trading volume of 54,850 shares, compared to its average volume of 52,725. RiverNorth Managed Duration Municipal Income Fund II has a 12-month low of $14.70 and a 12-month high of $16.56. The stock’s 50 day moving average price is $15.59 and its two-hundred day moving average price is $15.93.
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