RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report) announced a monthly dividend on Wednesday, April 1st. Shareholders of record on Friday, May 15th will be paid a dividend of 0.0881 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 7.2%. The ex-dividend date is Friday, May 15th.
RiverNorth Flexible Municipal Income Fund Price Performance
NYSEARCA RFM traded down $0.07 on Wednesday, reaching $14.60. The company’s stock had a trading volume of 551 shares, compared to its average volume of 21,631. RiverNorth Flexible Municipal Income Fund has a twelve month low of $13.68 and a twelve month high of $14.90. The firm’s 50 day moving average is $14.28 and its two-hundred day moving average is $14.28.
About RiverNorth Flexible Municipal Income Fund
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