RiverNorth Flexible Municipal Income Fund, Inc. Declares Monthly Dividend of $0.10 (NYSEARCA:RFM)

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) declared a monthly dividend on Thursday, October 3rd, Wall Street Journal reports. Investors of record on Friday, November 15th will be given a dividend of 0.0954 per share on Friday, November 29th. This represents a $1.14 dividend on an annualized basis and a yield of 7.02%. The ex-dividend date of this dividend is Friday, November 15th.

RiverNorth Flexible Municipal Income Fund Price Performance

Shares of NYSEARCA RFM traded down $0.07 during trading on Thursday, reaching $16.30. The stock had a trading volume of 19,436 shares, compared to its average volume of 15,645. RiverNorth Flexible Municipal Income Fund has a one year low of $12.89 and a one year high of $16.54. The firm’s 50 day moving average price is $16.01 and its two-hundred day moving average price is $16.05.

RiverNorth Flexible Municipal Income Fund Company Profile

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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.

See Also

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

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