RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Thursday, April 3rd, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be given a dividend of 0.0951 per share on Monday, June 30th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.71%. The ex-dividend date of this dividend is Friday, June 13th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
Shares of RMMZ stock opened at $14.80 on Friday. RiverNorth Managed Duration Municipal Income Fund II has a 12-month low of $14.60 and a 12-month high of $16.56. The business has a 50 day simple moving average of $15.63 and a 200 day simple moving average of $15.71.
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