RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report) declared a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.094 per share on Monday, March 31st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.46%. The ex-dividend date of this dividend is Friday, March 14th.
RiverNorth Flexible Municipal Income Fund Stock Performance
RFM stock opened at $15.12 on Friday. The business has a 50 day moving average price of $15.61 and a 200 day moving average price of $15.89. RiverNorth Flexible Municipal Income Fund has a fifty-two week low of $14.78 and a fifty-two week high of $16.54.
About RiverNorth Flexible Municipal Income Fund
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