RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.094 per share on Friday, January 31st. This represents a $1.13 dividend on an annualized basis and a yield of 7.46%. The ex-dividend date of this dividend is Wednesday, January 15th.
RiverNorth Flexible Municipal Income Fund Stock Performance
RFM stock opened at $15.12 on Friday. RiverNorth Flexible Municipal Income Fund has a 52-week low of $14.78 and a 52-week high of $16.54. The company’s 50 day simple moving average is $15.61 and its 200-day simple moving average is $15.89.
About RiverNorth Flexible Municipal Income Fund
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