RiverNorth Managed Duration Municipal Income Fund, Inc. (RMM) will begin trading ex-dividend on October 15, 2020. A cash dividend payment of $0.092 per share is scheduled to be paid on October 30, 2020. Shareholders who purchased RMM prior to the ex-dividend date are eligible for the cash dividend payment. This marks the 14th quarter that RMM has paid the same dividend. At the current stock price of $16.92, the dividend yield is 6.52%.
The previous trading day's last sale of RMM was $16.92, representing a -20.64% decrease from the 52 week high of $21.32 and a 38.01% increase over the 52 week low of $12.26.
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