RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) declared a monthly dividend on Friday, October 4th, Wall Street Journal reports. Shareholders of record on Friday, December 13th will be paid a dividend of 0.0974 per share on Tuesday, December 31st. This represents a $1.17 dividend on an annualized basis and a yield of 7.16%. The ex-dividend date of this dividend is Friday, December 13th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
Shares of RMMZ opened at $16.33 on Friday. RiverNorth Managed Duration Municipal Income Fund II has a one year low of $12.92 and a one year high of $16.49. The stock’s fifty day moving average is $16.06 and its 200-day moving average is $15.97.
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