RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSE:RMMZ – Get Free Report) declared a monthly dividend on Thursday, October 1st. Stockholders 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 annualized dividend and a dividend yield of 8.1%. The ex-dividend date is Tuesday, December 15th.
RiverNorth Managed Duration Municipal Income Fund II Trading Up 0.8%
NYSE:RMMZ traded up $0.10 during mid-day trading on Friday, hitting $13.27. The company 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 fifty-two week low of $12.77 and a fifty-two week high of $15.29. The business’s fifty day moving average is $14.37 and its two-hundred day moving average is $14.66.
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