RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSE:RMMZ – Get Free Report) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Tuesday, December 15th will be paid a dividend of $0.0891 per share on Thursday, December 31st. This represents a $1.07 dividend on an annualized basis and a yield of 8.0%. The ex-dividend date of this dividend is Tuesday, December 15th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
RMMZ stock traded up $0.12 during mid-day trading on Friday, reaching $13.29. The company had a trading volume of 11,724 shares, compared to its average volume of 18,607. The firm has a 50 day moving average of $14.37 and a 200 day moving average of $14.66. RiverNorth Managed Duration Municipal Income Fund II has a 12 month low of $12.77 and a 12 month high of $15.29.
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