RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Friday, April 4th, Wall Street Journal reports. Investors 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 dividend on an annualized basis and a dividend yield of 7.71%. The ex-dividend date is Friday, June 13th.
RiverNorth Managed Duration Municipal Income Fund II Trading Down 2.1 %
Shares of RMMZ opened at $14.80 on Friday. The firm has a 50-day moving average price of $15.63 and a 200 day moving average price of $15.71. RiverNorth Managed Duration Municipal Income Fund II has a 52-week low of $14.60 and a 52-week high of $16.56.
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