RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report) announced a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be paid a dividend of 0.094 per share on Friday, January 31st. This represents a $1.13 dividend on an annualized basis and a yield of 7.46%. The ex-dividend date is Wednesday, January 15th.
RiverNorth Flexible Municipal Income Fund Stock Up 0.8 %
Shares of RFM traded up $0.12 during trading hours on Friday, reaching $15.12. 38,859 shares of the company traded hands, compared to its average volume of 36,479. The stock’s fifty day moving average is $15.63 and its 200 day moving average is $15.89. RiverNorth Flexible Municipal Income Fund has a 1-year low of $14.78 and a 1-year high of $16.54.
RiverNorth Flexible Municipal Income Fund Company Profile
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