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

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) declared a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Investors of record on Friday, June 13th will be paid a dividend of 0.094 per share on Monday, June 30th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.58%. The ex-dividend date of this dividend is Friday, June 13th.

RiverNorth Flexible Municipal Income Fund Stock Performance

RFM remained flat at $14.89 during trading hours on Thursday. The company had a trading volume of 8,575 shares, compared to its average volume of 18,297. The firm’s 50-day simple moving average is $15.30 and its two-hundred day simple moving average is $15.59. RiverNorth Flexible Municipal Income Fund has a 52 week low of $14.74 and a 52 week high of $16.54.

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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