RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report) announced a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Investors of record on Thursday, August 15th will be paid a dividend of 0.0954 per share on Friday, August 30th. This represents a $1.14 dividend on an annualized basis and a yield of 7.09%. The ex-dividend date of this dividend is Thursday, August 15th.
RiverNorth Flexible Municipal Income Fund Stock Performance
Shares of NYSEARCA RFM opened at $16.14 on Thursday. RiverNorth Flexible Municipal Income Fund has a 1 year low of $12.89 and a 1 year high of $16.54. The firm’s 50 day moving average price is $16.10 and its 200 day moving average price is $15.89.
About RiverNorth Flexible Municipal Income Fund
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