Rivernorth Managed Duration Municipal Income Fund Inc. (NYSEARCA:RMM – Get Free Report) declared a dividend on Wednesday, January 15th,investing.com reports. Investors of record on Thursday, January 16th will be paid a dividend of 0.0905 per share on Friday, January 31st. This represents a yield of 7.32%. The ex-dividend date of this dividend is Wednesday, January 15th.
Rivernorth Managed Duration Municipal Income Fund Stock Performance
Shares of NYSEARCA RMM traded up $0.09 during midday trading on Wednesday, reaching $14.84. 31,660 shares of the company were exchanged, compared to its average volume of 63,718. The stock’s 50-day moving average price is $15.21 and its 200-day moving average price is $15.46. Rivernorth Managed Duration Municipal Income Fund has a one year low of $13.97 and a one year high of $16.37.
About Rivernorth Managed Duration Municipal Income Fund
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