RiverNorth Flexible Municipal Income Fund, Inc. Announces 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. Investors 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 yield of 7.46%. The ex-dividend date of this dividend is Friday, March 14th.

RiverNorth Flexible Municipal Income Fund Trading Up 0.8 %

RiverNorth Flexible Municipal Income Fund stock traded up $0.12 during mid-day trading on Friday, hitting $15.12. The company had a trading volume of 38,859 shares, compared to its average volume of 36,479. RiverNorth Flexible Municipal Income Fund has a 12-month low of $14.78 and a 12-month high of $16.54. The company’s fifty day moving average is $15.63 and its 200-day 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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