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

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM) declared a monthly dividend on Wednesday, April 1st. Shareholders of record on Monday, June 15th will be given a dividend of 0.0881 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 7.2%. The ex-dividend date of this dividend is Monday, June 15th.

RiverNorth Flexible Municipal Income Fund Trading Up 0.3%

Shares of RiverNorth Flexible Municipal Income Fund stock traded up $0.05 during trading on Friday, reaching $14.66. 4,432 shares of the stock traded hands, compared to its average volume of 19,504. RiverNorth Flexible Municipal Income Fund has a 52-week low of $13.68 and a 52-week high of $14.90. The business has a fifty day simple moving average of $14.43 and a two-hundred day simple moving average of $14.31.

RiverNorth Flexible Municipal Income Fund Company Profile

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.