RiverNorth Flexible Municipal Income Fund, Inc. to Issue Monthly Dividend of $0.09 (NYSEARCA:RFM)

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) announced a monthly dividend on Friday, January 3rd,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be given a dividend of 0.094 per share on Monday, March 31st. This represents a $1.13 annualized dividend and a dividend yield of 7.46%. The ex-dividend date of this dividend is Friday, March 14th.

RiverNorth Flexible Municipal Income Fund Stock Up 0.8 %

Shares of NYSEARCA RFM opened at $15.12 on Friday. RiverNorth Flexible Municipal Income Fund has a fifty-two week low of $14.78 and a fifty-two week high of $16.54. The firm’s 50-day simple moving average is $15.61 and its 200 day simple moving average is $15.89.

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.

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

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