RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Shareholders of record on Monday, July 15th will be given a dividend of 0.0954 per share on Wednesday, July 31st. This represents a $1.14 annualized dividend and a yield of 7.11%. The ex-dividend date is Monday, July 15th.
RiverNorth Flexible Municipal Income Fund Price Performance
RFM stock remained flat at $16.11 during trading hours on Tuesday. 18,915 shares of the company’s stock traded hands, compared to its average volume of 15,541. RiverNorth Flexible Municipal Income Fund has a 12 month low of $12.89 and a 12 month high of $16.54. The stock has a 50 day moving average of $16.10 and a 200 day moving average of $15.88.
About RiverNorth Flexible Municipal Income Fund
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