RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM) Announces $0.09 Monthly Dividend

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) declared a monthly dividend on Friday, January 3rd, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.094 per share on Monday, March 31st. This represents a $1.13 annualized dividend and a dividend yield of 7.44%. The ex-dividend date of this dividend is Friday, March 14th.

RiverNorth Flexible Municipal Income Fund Trading Down 0.4 %

Shares of RiverNorth Flexible Municipal Income Fund stock opened at $15.16 on Wednesday. The company has a 50 day simple moving average of $15.38 and a two-hundred day simple moving average of $15.71. RiverNorth Flexible Municipal Income Fund has a 1 year low of $14.78 and a 1 year high of $16.54.

About RiverNorth Flexible Municipal Income Fund

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The RiverNorth Flexible Municipal Income Fund, Inc seeks to provide current income exempt from regular U.S. federal income taxes1 with a secondary objective of total return.

Further Reading

Dividend History for RiverNorth Flexible Municipal Income Fund (NYSEARCA:RFM)

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