RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Monday, January 6th,Wall Street Journal reports. Investors 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 annualized dividend and a yield of 7.50%. The ex-dividend date is Friday, March 14th.
RiverNorth Managed Duration Municipal Income Fund II Stock Performance
Shares of RMMZ opened at $15.22 on Tuesday. RiverNorth Managed Duration Municipal Income Fund II has a 12 month low of $14.70 and a 12 month high of $16.56. The stock’s 50-day moving average is $15.57 and its two-hundred day moving average is $15.91.
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