Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) declared a monthly dividend on Thursday, October 3rd,Wall Street Journal reports. Investors of record on Friday, November 15th will be paid 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 7.08%. The ex-dividend date of this dividend is Friday, November 15th.
Rivernorth Managed Duration Municipal Income Fund Trading Down 0.7 %
Shares of RMM opened at $15.52 on Wednesday. The company has a 50-day moving average of $15.77 and a two-hundred day moving average of $15.36. Rivernorth Managed Duration Municipal Income Fund has a one year low of $13.97 and a one year high of $16.37.
About Rivernorth Managed Duration Municipal Income Fund
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