Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given a dividend of 0.0905 per share on Friday, January 31st. This represents a $1.09 dividend on an annualized basis and a dividend yield of 7.36%. The ex-dividend date is Wednesday, January 15th.
Rivernorth Managed Duration Municipal Income Fund Price Performance
Rivernorth Managed Duration Municipal Income Fund stock traded up $0.20 during trading on Friday, reaching $14.76. The company had a trading volume of 101,298 shares, compared to its average volume of 87,799. Rivernorth Managed Duration Municipal Income Fund has a 12-month low of $13.97 and a 12-month high of $16.37. The stock’s 50 day moving average price is $15.30 and its two-hundred day moving average price is $15.47.
About Rivernorth Managed Duration Municipal Income Fund
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