RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Monday, July 1st, NASDAQ reports. Investors of record on Monday, July 15th will be given a dividend of 0.0974 per share on Wednesday, July 31st. This represents a $1.17 dividend on an annualized basis and a dividend yield of 7.17%. The ex-dividend date is Monday, July 15th.
RiverNorth Managed Duration Municipal Income Fund II Trading Up 0.3 %
Shares of RMMZ traded up $0.05 on Tuesday, reaching $16.30. The company’s stock had a trading volume of 16,339 shares, 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 firm has a fifty day moving average of $15.88 and a 200-day moving average of $15.85.
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