RiverNorth Flexible Municipal Income Fund, Inc. (NYSE:RFM – Get Free Report) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Monday, November 16th will be given a dividend of $0.0881 per share on Monday, November 30th. This represents a $1.06 annualized dividend and a yield of 8.1%. The ex-dividend date is Monday, November 16th.
RiverNorth Flexible Municipal Income Fund has decreased its dividend payment by an average of 3.0%annually over the last three years.
RiverNorth Flexible Municipal Income Fund Stock Performance
NYSE RFM opened at $13.05 on Friday. RiverNorth Flexible Municipal Income Fund has a fifty-two week low of $12.52 and a fifty-two week high of $15.03. The stock’s 50-day moving average is $14.15 and its two-hundred day moving average is $14.36.
RiverNorth Flexible Municipal Income Fund Company Profile
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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