RiverNorth Flexible Municipal Income Fund, Inc. (NYSE:RFM – Get Free Report) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Tuesday, September 15th will be paid a dividend of 0.0881 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.6%. The ex-dividend date of this dividend is Tuesday, September 15th.
RiverNorth Flexible Municipal Income Fund has decreased its dividend by an average of 3.0%annually over the last three years.
RiverNorth Flexible Municipal Income Fund Price Performance
NYSE:RFM opened at $13.86 on Friday. The firm has a 50-day moving average of $14.60 and a two-hundred day moving average of $14.48. RiverNorth Flexible Municipal Income Fund has a 1-year low of $13.72 and a 1-year high of $15.03.
RiverNorth Flexible Municipal Income Fund Company Profile
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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