RiverNorth Managed Duration Municipal Income Fund II, Inc. (NYSEARCA:RMMZ – Get Free Report) announced a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Investors of record on Thursday, August 15th will be given a dividend of 0.0974 per share on Friday, August 30th. This represents a $1.17 dividend on an annualized basis and a yield of 7.17%. The ex-dividend date is Thursday, August 15th.
RiverNorth Managed Duration Municipal Income Fund II Price Performance
NYSEARCA RMMZ opened at $16.30 on Thursday. The company’s 50-day simple moving average is $15.89 and its 200 day simple moving average is $15.85. RiverNorth Managed Duration Municipal Income Fund II has a twelve month low of $12.92 and a twelve month high of $16.99.
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