RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Thursday, October 3rd, Wall Street Journal reports. Stockholders of record on Friday, November 15th will be given a dividend of 0.0974 per share on Friday, November 29th. This represents a $1.17 annualized dividend and a dividend yield of 7.16%. The ex-dividend date of this dividend is Friday, November 15th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
RMMZ opened at $16.33 on Friday. RiverNorth Managed Duration Municipal Income Fund II has a fifty-two week low of $12.92 and a fifty-two week high of $16.49. The company’s 50-day moving average is $16.06 and its 200 day moving average is $15.97.
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