Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.0905 per share on Monday, June 30th. This represents a $1.09 annualized dividend and a yield of 7.55%. The ex-dividend date is Friday, June 13th.
Rivernorth Managed Duration Municipal Income Fund Trading Up 0.4 %
RMM stock traded up $0.06 during midday trading on Thursday, reaching $14.39. The stock had a trading volume of 59,810 shares, compared to its average volume of 55,917. Rivernorth Managed Duration Municipal Income Fund has a 52-week low of $14.21 and a 52-week high of $16.37. The company’s fifty day simple moving average is $14.81 and its 200 day simple moving average is $15.21.
Rivernorth Managed Duration Municipal Income Fund Company Profile
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