RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.0891 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.1%. The ex-dividend date of this dividend is Tuesday, September 15th.
RiverNorth Managed Duration Municipal Income Fund II Trading Down 0.5%
RMMZ opened at $14.96 on Thursday. RiverNorth Managed Duration Municipal Income Fund II has a fifty-two week low of $13.83 and a fifty-two week high of $15.29. The company’s 50-day moving average price is $14.84 and its 200 day moving average price is $14.77.
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