RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) declared a monthly dividend on Monday, July 1st, Wall Street Journal reports. Investors of record on Friday, September 13th will be paid a dividend of 0.0974 per share on Monday, September 30th. This represents a $1.17 annualized dividend and a dividend yield of 7.32%. The ex-dividend date is Friday, September 13th.
RiverNorth Managed Duration Municipal Income Fund II Stock Up 0.2 %
Shares of RMMZ stock opened at $15.97 on Thursday. The business’s fifty day moving average is $16.00 and its 200 day moving average is $15.93. RiverNorth Managed Duration Municipal Income Fund II has a twelve month low of $12.92 and a twelve month high of $16.42.
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