RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM) Declares $0.09 Monthly Dividend

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) announced a monthly dividend on Wednesday, April 1st. Investors of record on Monday, June 15th will be paid a dividend of 0.0881 per share on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Monday, June 15th.

RiverNorth Flexible Municipal Income Fund Stock Up 0.3%

RFM stock traded up $0.05 during midday trading on Friday, hitting $14.66. The company’s stock had a trading volume of 4,432 shares, compared to its average volume of 19,504. RiverNorth Flexible Municipal Income Fund has a twelve month low of $13.68 and a twelve month high of $14.90. The company’s fifty day moving average price is $14.43 and its 200 day moving average price is $14.31.

RiverNorth Flexible Municipal Income Fund Company Profile

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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.

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Dividend History for RiverNorth Flexible Municipal Income Fund (NYSEARCA:RFM)

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