RiverNorth Managed Duration Municipal Income Fund, Inc. (RMM) to Issue Monthly Dividend of $0.09 on January 31st

RiverNorth Managed Duration Municipal Income Fund, Inc. (NYSEARCA:RMM) declared a monthly dividend on Tuesday, January 7th, Wall Street Journal reports. Shareholders of record on Friday, January 17th will be given a dividend of 0.0917 per share on Friday, January 31st. This represents a $1.10 dividend on an annualized basis and a yield of 5.52%. The ex-dividend date is Thursday, January 16th.

RiverNorth Managed Duration Municipal Income Fund stock opened at $19.92 on Tuesday. The business’s fifty day moving average is $19.62. RiverNorth Managed Duration Municipal Income Fund has a one year low of $19.22 and a one year high of $20.80.

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Dividend History for RiverNorth Managed Duration Municipal Income Fund (NYSEARCA:RMM)

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