Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) declared a monthly dividend on Tuesday, October 1st,Wall Street Journal reports. Investors of record on Friday, November 15th will be given a dividend of 0.0916 per share on Friday, November 29th. This represents a $1.10 dividend on an annualized basis and a yield of 6.98%. The ex-dividend date of this dividend is Friday, November 15th.
Rivernorth Managed Duration Municipal Income Fund Price Performance
NYSEARCA RMM traded up $0.17 during trading hours on Thursday, hitting $15.75. The company had a trading volume of 51,359 shares, compared to its average volume of 51,936. The business has a fifty day simple moving average of $15.77 and a 200-day simple moving average of $15.37. Rivernorth Managed Duration Municipal Income Fund has a fifty-two week low of $13.97 and a fifty-two week high of $16.37.
About Rivernorth Managed Duration Municipal Income Fund
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