RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.094 per share on Monday, March 31st. This represents a $1.13 dividend on an annualized basis and a yield of 7.48%. The ex-dividend date is Friday, March 14th.
RiverNorth Flexible Municipal Income Fund Price Performance
Shares of RFM opened at $15.09 on Wednesday. The firm has a fifty day moving average of $15.59 and a 200-day moving average of $15.87. RiverNorth Flexible Municipal Income Fund has a 1 year low of $14.78 and a 1 year high of $16.54.
RiverNorth Flexible Municipal Income Fund Company Profile
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