RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) declared a monthly dividend on Monday, January 6th,Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.0951 per share on Monday, March 31st. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.52%. The ex-dividend date of this dividend is Friday, March 14th.
RiverNorth Managed Duration Municipal Income Fund II Trading Down 0.4 %
Shares of NYSEARCA:RMMZ opened at $15.17 on Wednesday. The company has a 50-day moving average price of $15.56 and a two-hundred day moving average price of $15.91. RiverNorth Managed Duration Municipal Income Fund II has a twelve month low of $14.70 and a twelve month high of $16.56.
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