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

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be given a dividend of 0.094 per share on Monday, June 30th. This represents a $1.13 dividend on an annualized basis and a yield of 7.58%. The ex-dividend date is Friday, June 13th.

RiverNorth Flexible Municipal Income Fund Stock Performance

NYSEARCA RFM remained flat at $14.89 on Thursday. The company had a trading volume of 8,575 shares, compared to its average volume of 18,297. RiverNorth Flexible Municipal Income Fund has a fifty-two week low of $14.74 and a fifty-two week high of $16.54. The company has a 50 day moving average of $15.30 and a 200 day moving average of $15.59.

RiverNorth Flexible Municipal Income Fund Company Profile

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

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