RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Friday, July 5th, Wall Street Journal reports. Investors of record on Friday, September 13th will be given a dividend of 0.0974 per share on Monday, September 30th. This represents a $1.17 annualized dividend and a yield of 7.20%. The ex-dividend date of this dividend is Friday, September 13th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
Shares of RMMZ stock opened at $16.24 on Friday. The firm has a fifty day moving average of $15.92 and a two-hundred day moving average of $15.86. RiverNorth Managed Duration Municipal Income Fund II has a 1-year low of $12.92 and a 1-year high of $16.99.
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