RiverNorth Flexible Municipal Income Fund, Inc. to Issue Monthly Dividend of $0.09 (NYSEARCA:RFM)

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) declared a monthly dividend on Friday, April 4th, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be given a dividend of 0.094 per share on Monday, June 30th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.84%. The ex-dividend date is Friday, June 13th.

RiverNorth Flexible Municipal Income Fund Price Performance

Shares of RFM stock opened at $14.39 on Friday. RiverNorth Flexible Municipal Income Fund has a 1-year low of $14.38 and a 1-year high of $16.54. The firm has a fifty day moving average of $15.28 and a two-hundred day moving average of $15.57.

About RiverNorth Flexible Municipal Income Fund

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The RiverNorth Flexible Municipal Income Fund, Inc seeks to provide current income exempt from regular U.S. federal income taxes1 with a secondary objective of total return.

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Dividend History for RiverNorth Flexible Municipal Income Fund (NYSEARCA:RFM)

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