RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSE:RMMZ – Get Free Report) declared a monthly dividend on Thursday, October 1st. Investors of record on Tuesday, December 15th will be given a dividend of $0.0891 per share on Thursday, December 31st. This represents a $1.07 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend is Tuesday, December 15th.
RiverNorth Managed Duration Municipal Income Fund II Stock Up 0.8%
NYSE RMMZ traded up $0.10 on Friday, hitting $13.27. 7,974 shares of the company were exchanged, compared to its average volume of 18,604. RiverNorth Managed Duration Municipal Income Fund II has a 1-year low of $12.77 and a 1-year high of $15.29. The firm has a 50 day moving average of $14.37 and a two-hundred day moving average of $14.66.
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