RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) declared a monthly dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Monday, July 15th will be paid a dividend of 0.0974 per share on Wednesday, July 31st. This represents a $1.17 annualized dividend and a dividend yield of 7.17%. The ex-dividend date is Monday, July 15th.
RiverNorth Managed Duration Municipal Income Fund II Stock Up 0.3 %
Shares of RMMZ stock traded up $0.05 during mid-day trading on Tuesday, hitting $16.30. 16,339 shares of the stock traded hands, compared to its average volume of 20,124. RiverNorth Managed Duration Municipal Income Fund II has a twelve month low of $12.92 and a twelve month high of $16.99. The company’s 50-day simple moving average is $15.88 and its 200-day simple moving average is $15.85.
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