RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Friday, January 2nd. Investors of record on Thursday, January 15th will be paid a dividend of 0.0891 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Thursday, January 15th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
NYSEARCA:RMMZ traded up $0.03 on Tuesday, reaching $14.70. The stock had a trading volume of 2,521 shares, compared to its average volume of 19,352. RiverNorth Managed Duration Municipal Income Fund II has a 1-year low of $13.79 and a 1-year high of $16.45. The stock has a fifty day moving average price of $14.77 and a 200-day moving average price of $14.63.
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