Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) declared a monthly dividend on Tuesday, October 1st, NASDAQ reports. Investors of record on Tuesday, October 15th will be paid a dividend of 0.0916 per share on Thursday, October 31st. This represents a $1.10 annualized dividend and a yield of 6.88%. The ex-dividend date of this dividend is Tuesday, October 15th.
Rivernorth Managed Duration Municipal Income Fund Price Performance
NYSEARCA:RMM traded down $0.30 during mid-day trading on Thursday, hitting $15.97. 62,139 shares of the stock traded hands, compared to its average volume of 51,922. The business’s 50-day moving average price is $15.63 and its 200 day moving average price is $15.19. Rivernorth Managed Duration Municipal Income Fund has a 12-month low of $12.32 and a 12-month high of $16.37.
Rivernorth Managed Duration Municipal Income Fund Company Profile
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