RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Thursday, October 3rd,Wall Street Journal reports. Investors of record on Friday, November 15th will be paid a dividend of 0.0974 per share on Friday, November 29th. This represents a $1.17 annualized dividend and a yield of 7.38%. The ex-dividend date of this dividend is Friday, November 15th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
Shares of NYSEARCA RMMZ opened at $15.84 on Wednesday. RiverNorth Managed Duration Municipal Income Fund II has a 52-week low of $14.11 and a 52-week high of $16.56. The business has a fifty day moving average of $16.13 and a two-hundred day moving average of $16.01.
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