Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) announced a monthly dividend on Friday, April 4th, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be given a dividend of 0.0905 per share on Monday, June 30th. This represents a $1.09 annualized dividend and a yield of 7.55%. The ex-dividend date of this dividend is Friday, June 13th.
Rivernorth Managed Duration Municipal Income Fund Stock Performance
RMM opened at $14.39 on Friday. Rivernorth Managed Duration Municipal Income Fund has a one year low of $14.21 and a one year high of $16.37. The company has a fifty day moving average price of $14.80 and a 200-day moving average price of $15.20.
Rivernorth Managed Duration Municipal Income Fund Company Profile
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