RiverNorth Flexible Municipal Income Fund, Inc. (NYSE:RFM – Get Free Report) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Monday, November 16th will be given a dividend of $0.0881 per share on Monday, November 30th. This represents a $1.06 annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend 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 Stock Up 1.6%
NYSE RFM traded up $0.21 during trading hours on Friday, hitting $13.06. The company had a trading volume of 220 shares, compared to its average volume of 17,814. The firm’s 50 day moving average is $14.15 and its 200 day moving average is $14.36. RiverNorth Flexible Municipal Income Fund has a fifty-two week low of $12.52 and a fifty-two week high of $15.03.
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.
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