Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) declared a monthly dividend on Monday, July 8th, Wall Street Journal reports. Investors of record on Friday, September 13th will be given a dividend of 0.0916 per share on Monday, September 30th. This represents a $1.10 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date is Friday, September 13th.
Rivernorth Managed Duration Municipal Income Fund Stock Down 0.3 %
Shares of NYSEARCA RMM opened at $15.34 on Wednesday. Rivernorth Managed Duration Municipal Income Fund has a 12 month low of $12.32 and a 12 month high of $15.85. The business’s 50 day moving average is $14.95 and its two-hundred day moving average is $14.89.
About Rivernorth Managed Duration Municipal Income Fund
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