RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM) Plans Monthly Dividend of $0.10

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFMGet Free Report) announced a monthly dividend on Monday, April 1st, NASDAQ reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.0954 per share on Friday, May 31st. This represents a $1.14 annualized dividend and a yield of 7.08%. The ex-dividend date is Tuesday, May 14th.

RiverNorth Flexible Municipal Income Fund Stock Performance

Shares of RFM opened at $16.18 on Monday. The firm’s fifty day simple moving average is $16.10 and its 200-day simple moving average is $15.46. RiverNorth Flexible Municipal Income Fund has a twelve month low of $12.89 and a twelve month high of $16.43.

RiverNorth Flexible Municipal Income Fund Company Profile

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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.

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Dividend History for RiverNorth Flexible Municipal Income Fund (NYSEARCA:RFM)

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