RiverNorth Flexible Municipal Income Fund, Inc. (RFM) to Issue Monthly Dividend of $0.09 on March 31st

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.094 per share on Monday, March 31st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.48%. The ex-dividend date of this dividend is Friday, March 14th.

RiverNorth Flexible Municipal Income Fund Stock Down 0.4 %

Shares of RiverNorth Flexible Municipal Income Fund stock opened at $15.09 on Wednesday. The company has a fifty day moving average price of $15.59 and a 200 day moving average price of $15.87. RiverNorth Flexible Municipal Income Fund has a twelve month low of $14.78 and a twelve month high of $16.54.

About RiverNorth Flexible Municipal Income Fund

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The RiverNorth Flexible Municipal Income Fund, Inc seeks to provide current income exempt from regular U.S. federal income taxes1 with a secondary objective of total return.

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Dividend History for RiverNorth Flexible Municipal Income Fund (NYSEARCA:RFM)

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