RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Friday, January 2nd. Stockholders of record on Thursday, January 15th will be paid a dividend of 0.0891 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date is Thursday, January 15th.
RiverNorth Managed Duration Municipal Income Fund II Stock Up 0.3%
RMMZ traded up $0.05 on Tuesday, reaching $14.72. 4,901 shares of the company’s stock were exchanged, compared to its average volume of 19,490. The company’s 50 day moving average is $14.77 and its 200-day moving average is $14.63. RiverNorth Managed Duration Municipal Income Fund II has a twelve month low of $13.79 and a twelve month high of $16.45.
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