Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Shareholders of record on Friday, March 14th will be given a dividend of 0.0905 per share on Monday, March 31st. This represents a $1.09 dividend on an annualized basis and a yield of 7.36%. The ex-dividend date is Friday, March 14th.
Rivernorth Managed Duration Municipal Income Fund Trading Up 1.4 %
Shares of NYSEARCA RMM opened at $14.76 on Friday. The company has a 50-day simple moving average of $15.29 and a 200-day simple moving average of $15.47. Rivernorth Managed Duration Municipal Income Fund has a 12 month low of $13.97 and a 12 month high of $16.37.
About Rivernorth Managed Duration Municipal Income Fund
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