RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) To Go Ex-Dividend on March 16th

RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) declared a monthly dividend on Friday, January 2nd. Investors of record on Monday, March 16th will be paid a dividend of 0.0889 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 6.7%. The ex-dividend date of this dividend is Monday, March 16th.

RiverNorth Opportunistic Municipal Income Fund Trading Down 0.1%

Shares of RiverNorth Opportunistic Municipal Income Fund stock opened at $15.98 on Friday. The business’s fifty day moving average price is $15.11 and its 200 day moving average price is $14.69. RiverNorth Opportunistic Municipal Income Fund has a twelve month low of $13.63 and a twelve month high of $16.36.

RiverNorth Opportunistic Municipal Income Fund Company Profile

RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) is a closed-end management investment company that seeks to deliver tax-exempt income through diversified exposure to U.S. municipal securities. The fund is structured as a non-diversified, interval fund and primarily caters to investors pursuing high-quality, tax-advantaged income from state and local government obligations.

RMI employs an opportunistic, value-oriented investment process, focusing on both traditional investment-grade bonds and specialized niches within the municipal market.