RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI – Get Free Report) declared a monthly dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be given a dividend of 0.0945 per share on Friday, January 31st. This represents a $1.13 dividend on an annualized basis and a yield of 7.40%. The ex-dividend date is Wednesday, January 15th.
RiverNorth Opportunistic Municipal Income Fund has raised its dividend payment by an average of 1.7% annually over the last three years.
RiverNorth Opportunistic Municipal Income Fund Stock Performance
Shares of NYSE:RMI traded up $0.11 on Friday, reaching $15.32. 17,136 shares of the company’s stock were exchanged, compared to its average volume of 15,318. RiverNorth Opportunistic Municipal Income Fund has a twelve month low of $14.79 and a twelve month high of $16.74. The company has a fifty day moving average of $15.66 and a 200-day moving average of $15.92.
RiverNorth Opportunistic Municipal Income Fund Company Profile
The RiverNorth Opportunistic Municipal Income Fund, Inc (the “Fund”) seeks to provide current income exempt from regular U.S. federal income taxes1 with a secondary objective of total return.
Featured Stories
- Five stocks we like better than RiverNorth Opportunistic Municipal Income Fund
- Following Congress Stock Trades
- Insiders Are Selling, But These 3 Stocks Are Must-Buys
- How to Calculate Inflation Rate
- Rivian Defies Doubters: Delivery Triumph Fuels Stock Surge
- What Are Dividend Champions? How to Invest in the Champions
- Hindenburg Short Report Slams Carvana Over Alleged ‘Grift’
Receive News & Ratings for RiverNorth Opportunistic Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RiverNorth Opportunistic Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.
