RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report) announced a monthly dividend on Wednesday, April 1st. Investors of record on Monday, June 15th will be paid a dividend of 0.0881 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date is Monday, June 15th.
RiverNorth Flexible Municipal Income Fund Stock Performance
Shares of RFM stock traded up $0.05 during midday trading on Friday, hitting $14.66. 4,432 shares of the company were exchanged, compared to its average volume of 19,504. The firm’s 50 day moving average price is $14.43 and its two-hundred day moving average price is $14.31. RiverNorth Flexible Municipal Income Fund has a 52 week low of $13.68 and a 52 week high of $14.90.
About RiverNorth Flexible Municipal Income Fund
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