RiverNorth Flexible Municipal Income Fund, Inc. (NYSE:RFM – Get Free Report) announced a monthly dividend on Thursday, October 1st. Stockholders of record on Monday, November 16th will be paid a dividend of $0.0881 per share on Monday, November 30th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date is Monday, November 16th.
RiverNorth Flexible Municipal Income Fund has decreased its dividend by an average of 3.0%per year over the last three years.
RiverNorth Flexible Municipal Income Fund Price Performance
RFM stock opened at $13.01 on Friday. RiverNorth Flexible Municipal Income Fund has a 1 year low of $12.52 and a 1 year high of $15.03. The firm has a 50-day moving average of $14.12 and a 200 day moving average of $14.35.
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.
Recommended Stories
- Five stocks we like better than RiverNorth Flexible Municipal Income Fund
- Conagra’s Turnaround Is Starting to Show Up in the Numbers
- MarketBeat Week in Review – 09/28 – 10/02
- AST SpaceMobile’s BlueBird Progress Comes With Several Risks Still Unresolved
- Time to Nibble on MCD Stock After it Enters Oversold Territory?
Receive News & Ratings for RiverNorth Flexible Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RiverNorth Flexible Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
