RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSE:RMMZ – Get Free Report) announced a monthly dividend on Thursday, October 1st. Investors of record on Monday, November 16th will be paid a dividend of $0.0891 per share on Monday, November 30th. This represents a $1.07 annualized dividend and a yield of 8.1%. The ex-dividend date is Monday, November 16th.
RiverNorth Managed Duration Municipal Income Fund II Stock Up 0.8%
RMMZ traded up $0.10 during trading on Friday, hitting $13.27. The company’s stock had a trading volume of 7,974 shares, compared to its average volume of 18,604. RiverNorth Managed Duration Municipal Income Fund II has a one year low of $12.77 and a one year high of $15.29. The business’s 50 day simple moving average is $14.37 and its 200-day simple moving average is $14.66.
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