RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI – Get Free Report) declared a monthly dividend on Thursday, October 3rd,Wall Street Journal reports. Stockholders of record on Friday, November 15th will be paid a dividend of 0.0965 per share on Friday, November 29th. This represents a $1.16 annualized dividend and a dividend yield of 7.30%. The ex-dividend date is Friday, November 15th.
RiverNorth Opportunistic Municipal Income Fund has decreased its dividend by an average of 3.4% annually over the last three years.
RiverNorth Opportunistic Municipal Income Fund Trading Down 1.0 %
RMI opened at $15.86 on Wednesday. The business’s 50-day simple moving average is $16.13 and its 200 day simple moving average is $15.99. RiverNorth Opportunistic Municipal Income Fund has a 52-week low of $14.40 and a 52-week high of $16.51.
About RiverNorth Opportunistic Municipal Income Fund
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.
Featured Stories
- Five stocks we like better than RiverNorth Opportunistic Municipal Income Fund
- What Do S&P 500 Stocks Tell Investors About the Market?
- Top 3 Hotel Stocks to Watch: A Buy, Hold, and Trade Opportunity
- Financial Services Stocks Investing
- Home Depot Stock: Targeting 12% in 2024 and 25% More in 2025
- Stock Market Sectors: What Are They and How Many Are There?
- Is Tesla’s Valuation a Bubble or Backed by Real Growth?
Receive News & Ratings for RiverNorth Opportunistic Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RiverNorth Opportunistic Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
