RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM) declares a monthly dividend of $0.10

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM – Get Free Report ) declared a monthly dividend on Tuesday, October 1st, NASDAQ reports. Investors of record on Tuesday, October 15th will be given a dividend of 0.0954 per share on Thursday, October 31st. This represents a dividend of $1.14 on an annualized basis and a dividend yield of 7.02%. The ex-dividend date of this dividend is Tuesday, October 15th.

Share performance of RiverNorth Flexible Municipal Income Fund

RFM stock traded down $0.07 on Thursday, hitting $16.30. The company’s stock had a trading volume of 19,436 shares, compared to its average volume of 15,645. The company has a fifty day simple moving average of $16.01 and a two hundred day simple moving average of $16.05. RiverNorth Flexible Municipal Income Fund has a 12-month low of $12.89 and a 12-month high of $16.54.

RiverNorth Flexible Municipal Income Fund Company Profile

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RiverNorth Flexible Municipal Income Fund, Inc seeks to provide current income exempt from ordinary US federal income taxes1 with a secondary objective of total return.

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