RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report) declared a monthly dividend on Friday, July 5th, Wall Street Journal reports. Stockholders of record on Friday, September 13th will be given a dividend of 0.0954 per share on Monday, September 30th. This represents a $1.14 annualized dividend and a dividend yield of 7.11%. The ex-dividend date of this dividend is Friday, September 13th.
RiverNorth Flexible Municipal Income Fund Stock Performance
NYSEARCA:RFM traded down $0.03 during mid-day trading on Friday, hitting $16.11. 11,888 shares of the company’s stock traded hands, compared to its average volume of 15,458. RiverNorth Flexible Municipal Income Fund has a 1 year low of $12.89 and a 1 year high of $16.54. The firm’s 50 day simple moving average is $16.10 and its 200 day simple moving average is $15.89.
About RiverNorth Flexible Municipal Income Fund
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