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

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.0881 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 7.1%. The ex-dividend date of this dividend is Wednesday, July 15th.

RiverNorth Flexible Municipal Income Fund Price Performance

NYSEARCA:RFM traded up $0.05 on Thursday, reaching $14.86. 8,124 shares of the company’s stock were exchanged, compared to its average volume of 18,890. The stock has a fifty day simple moving average of $14.52 and a 200-day simple moving average of $14.36. RiverNorth Flexible Municipal Income Fund has a 52 week low of $13.68 and a 52 week high of $14.90.

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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