RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Friday, April 4th, Wall Street Journal reports. Shareholders of record on Friday, June 13th will be given a dividend of 0.0951 per share on Monday, June 30th. This represents a $1.14 annualized dividend and a yield of 7.71%. The ex-dividend date is Friday, June 13th.
RiverNorth Managed Duration Municipal Income Fund II Stock Performance
RMMZ opened at $14.80 on Friday. RiverNorth Managed Duration Municipal Income Fund II has a one year low of $14.60 and a one year high of $16.56. The company has a fifty day moving average price of $15.63 and a 200-day moving average price of $15.71.
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