Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0905 per share on Friday, January 31st. This represents a $1.09 annualized dividend and a yield of 7.36%. The ex-dividend date is Wednesday, January 15th.
Rivernorth Managed Duration Municipal Income Fund Stock Performance
RMM stock opened at $14.76 on Friday. Rivernorth Managed Duration Municipal Income Fund has a 1-year low of $13.97 and a 1-year high of $16.37. The business has a fifty day moving average price of $15.29 and a 200-day moving average price of $15.47.
About Rivernorth Managed Duration Municipal Income Fund
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