RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report) announced a monthly dividend on Friday, April 4th, Wall Street Journal reports. Stockholders of record on Friday, June 13th will be given 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 Price Performance
Shares of NYSEARCA RFM opened at $14.89 on Friday. The firm has a fifty day simple moving average of $15.30 and a 200 day simple moving average of $15.59. RiverNorth Flexible Municipal Income Fund has a twelve month low of $14.74 and a twelve month high of $16.54.
About RiverNorth Flexible Municipal Income Fund
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