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

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

RiverNorth Flexible Municipal Income Fund Price Performance

Shares of NYSEARCA RFM traded up $0.08 during midday trading on Wednesday, hitting $14.60. 14,086 shares of the company traded hands, compared to its average volume of 21,632. RiverNorth Flexible Municipal Income Fund has a 12-month low of $13.68 and a 12-month high of $14.90. The stock has a 50-day moving average price of $14.28 and a 200 day moving average price of $14.28.

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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