RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ) to Issue Monthly Dividend of $0.09

RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZGet Free Report) announced a monthly dividend on Wednesday, July 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.0891 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 7.1%. The ex-dividend date of this dividend is Tuesday, September 15th.

RiverNorth Managed Duration Municipal Income Fund II Price Performance

Shares of RiverNorth Managed Duration Municipal Income Fund II stock opened at $15.06 on Thursday. RiverNorth Managed Duration Municipal Income Fund II has a 52-week low of $13.83 and a 52-week high of $15.29. The company’s fifty day moving average price is $14.84 and its two-hundred day moving average price is $14.77.

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Dividend History for RiverNorth Managed Duration Municipal Income Fund II (NYSEARCA:RMMZ)

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