Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) announced a monthly dividend on Tuesday, October 1st, NASDAQ reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.0916 per share on Thursday, October 31st. This represents a $1.10 dividend on an annualized basis and a yield of 6.89%. The ex-dividend date of this dividend is Tuesday, October 15th.
Rivernorth Managed Duration Municipal Income Fund Stock Up 0.4 %
Shares of RMM opened at $15.96 on Friday. The stock’s 50-day moving average price is $15.69 and its two-hundred day moving average price is $15.23. Rivernorth Managed Duration Municipal Income Fund has a 12 month low of $12.32 and a 12 month high of $16.37.
About Rivernorth Managed Duration Municipal Income Fund
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