RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) To Go Ex-Dividend on March 16th

RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI) announced a monthly dividend on Friday, January 2nd. Shareholders of record on Monday, March 16th will be given a dividend of 0.0889 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 6.7%. The ex-dividend date is Monday, March 16th.

RiverNorth Opportunistic Municipal Income Fund Trading Down 0.1%

Shares of RiverNorth Opportunistic Municipal Income Fund stock traded down $0.02 during trading hours on Friday, reaching $15.98. 12,857 shares of the company’s stock were exchanged, compared to its average volume of 37,479. RiverNorth Opportunistic Municipal Income Fund has a 52-week low of $13.63 and a 52-week high of $16.36. The company has a fifty day moving average of $15.11 and a 200-day moving average of $14.69.

About RiverNorth Opportunistic Municipal Income Fund

RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) is a closed-end management investment company that seeks to deliver tax-exempt income through diversified exposure to U.S. municipal securities. The fund is structured as a non-diversified, interval fund and primarily caters to investors pursuing high-quality, tax-advantaged income from state and local government obligations.

RMI employs an opportunistic, value-oriented investment process, focusing on both traditional investment-grade bonds and specialized niches within the municipal market.