RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Thursday, October 3rd,Wall Street Journal reports. Shareholders of record on Friday, November 15th will be given a dividend of 0.0974 per share on Friday, November 29th. This represents a $1.17 dividend on an annualized basis and a yield of 7.38%. The ex-dividend date of this dividend is Friday, November 15th.
RiverNorth Managed Duration Municipal Income Fund II Trading Down 0.5 %
Shares of RMMZ stock opened at $15.84 on Wednesday. RiverNorth Managed Duration Municipal Income Fund II has a 12 month low of $14.11 and a 12 month high of $16.56. The stock has a 50 day moving average of $16.13 and a 200-day moving average of $16.01.
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