RiverNorth Managed Duration Municipal Income Fund Declares $0.0916 Dividend

Tuesday, 2 July 2024, 09:04
RiverNorth Managed Duration Municipal Income Fund (RMM) recently announced a monthly dividend of $0.0916 per share. The dividend declaration remains consistent with previous periods and offers a forward yield of 7.21%. Shareholders of record will be eligible for the dividend payable on July 31.
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RiverNorth Managed Duration Municipal Income Fund Declares $0.0916 Dividend

RiverNorth Managed Duration Municipal Income Fund

RiverNorth Managed Duration Municipal Income Fund (RMM) has declared a monthly dividend of $0.0916 per share. The dividend provides a forward yield of 7.21% and is in line with previous distributions.

  • Dividend announcement for July 31 payout
  • Consistent payout to shareholders
  • Benefit for investors seeking regular income

Conclusion: The announcement of the monthly dividend by RiverNorth Managed Duration Municipal Income Fund maintains a stable income source for shareholders and reflects the fund's commitment to consistent returns.

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