RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.0965 per share on Wednesday, July 31st. This represents a $1.16 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date of this dividend is Monday, July 15th.
RiverNorth Opportunistic Municipal Income Fund has decreased its dividend by an average of 3.4% per year over the last three years.
RiverNorth Opportunistic Municipal Income Fund Stock Down 0.2 %
RiverNorth Opportunistic Municipal Income Fund stock opened at $16.15 on Friday. RiverNorth Opportunistic Municipal Income Fund has a twelve month low of $13.05 and a twelve month high of $17.37. The stock has a 50 day moving average of $15.91 and a two-hundred day moving average of $15.86.
RiverNorth Opportunistic Municipal Income Fund Company Profile
The RiverNorth Opportunistic Municipal Income Fund, Inc (the “Fund”) seeks to provide current income exempt from regular U.S. federal income taxes1 with a secondary objective of total return.
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