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

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.094 per share on Friday, January 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 Wednesday, January 15th.

RiverNorth Flexible Municipal Income Fund Stock Performance

Shares of RFM traded up $0.12 during mid-day trading on Friday, hitting $15.12. The stock had a trading volume of 38,859 shares, compared to its average volume of 36,479. RiverNorth Flexible Municipal Income Fund has a 52 week low of $14.78 and a 52 week high of $16.54. The business has a fifty day moving average price of $15.63 and a 200-day moving average price of $15.89.

RiverNorth Flexible Municipal Income Fund Company Profile

(Get Free Report)

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.

Featured Articles

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

Receive News & Ratings for RiverNorth Flexible Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RiverNorth Flexible Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.