RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM) Announces Monthly Dividend of $0.09

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be paid a dividend of 0.094 per share on Friday, January 31st. This represents a $1.13 dividend on an annualized basis and a dividend yield of 7.46%. The ex-dividend date of this dividend is Wednesday, January 15th.

RiverNorth Flexible Municipal Income Fund Trading Up 0.8 %

Shares of NYSEARCA:RFM traded up $0.12 during trading on Friday, reaching $15.12. 38,859 shares of the company traded hands, compared to its average volume of 36,479. RiverNorth Flexible Municipal Income Fund has a 1-year low of $14.78 and a 1-year high of $16.54. The firm has a fifty day simple moving average of $15.63 and a 200 day simple moving average of $15.89.

RiverNorth Flexible Municipal Income Fund Company Profile

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The RiverNorth Flexible Municipal Income Fund, Inc seeks to provide current income exempt from regular U.S. federal income taxes1 with a secondary objective of total return.

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Dividend History for RiverNorth Flexible Municipal Income Fund (NYSEARCA:RFM)

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