RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.0951 per share on Friday, January 31st. This represents a $1.14 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date of this dividend is Wednesday, January 15th.
RiverNorth Managed Duration Municipal Income Fund II Trading Up 1.5 %
Shares of NYSEARCA:RMMZ traded up $0.22 during midday trading on Friday, hitting $15.32. The company’s stock had a trading volume of 54,850 shares, compared to its average volume of 52,725. RiverNorth Managed Duration Municipal Income Fund II has a fifty-two week low of $14.70 and a fifty-two week high of $16.56. The stock’s 50 day simple moving average is $15.58 and its 200 day simple moving average is $15.92.
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