RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM) Announces $0.09 Monthly Dividend

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) declared a monthly dividend on Wednesday, April 1st. Stockholders of record on Friday, May 15th will be paid a dividend of 0.0881 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 7.2%. The ex-dividend date of this dividend is Friday, May 15th.

RiverNorth Flexible Municipal Income Fund Stock Up 0.6%

Shares of RFM traded up $0.08 during mid-day trading on Wednesday, hitting $14.60. The company’s stock had a trading volume of 14,086 shares, compared to its average volume of 21,632. The stock’s 50-day moving average is $14.28 and its two-hundred day moving average is $14.28. RiverNorth Flexible Municipal Income Fund has a one year low of $13.68 and a one year high of $14.90.

About RiverNorth Flexible Municipal Income Fund

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

Further Reading

Dividend History for RiverNorth Flexible Municipal Income Fund (NYSEARCA:RFM)

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