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. Shareholders of record on Friday, June 13th will be paid a dividend of 0.0951 per share on Monday, June 30th. This represents a $1.14 annualized dividend and a yield of 7.55%. The ex-dividend date is Friday, June 13th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
Shares of RMMZ stock traded down $0.01 during trading hours on Thursday, reaching $15.12. 27,893 shares of the company’s stock were exchanged, compared to its average volume of 25,835. The stock’s fifty day moving average price is $15.64 and its two-hundred day moving average price is $15.73. RiverNorth Managed Duration Municipal Income Fund II has a 1 year low of $14.70 and a 1 year high of $16.56.
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