RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0951 per share on Monday, March 31st. This represents a $1.14 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date of this dividend is Friday, March 14th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
Shares of RMMZ opened at $15.32 on Friday. The stock’s fifty day moving average is $15.58 and its 200-day moving average is $15.92. RiverNorth Managed Duration Municipal Income Fund II has a one year low of $14.70 and a one year high of $16.56.
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