RiverNorth Flexible Municipal Income Fund, Inc. to Issue Monthly Dividend of $0.10 (NYSEARCA:RFM)

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) declared a monthly dividend on Thursday, October 3rd,Wall Street Journal reports. Investors of record on Friday, November 15th will be given a dividend of 0.0954 per share on Friday, November 29th. This represents a $1.14 annualized dividend and a yield of 7.20%. The ex-dividend date of this dividend is Friday, November 15th.

RiverNorth Flexible Municipal Income Fund Price Performance

RiverNorth Flexible Municipal Income Fund stock opened at $15.90 on Thursday. The company’s 50 day simple moving average is $16.09 and its 200 day simple moving average is $16.03. RiverNorth Flexible Municipal Income Fund has a fifty-two week low of $14.19 and a fifty-two week high of $16.54.

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.

See Also

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

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