RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI – Get Free Report) announced a monthly dividend on Wednesday, July 3rd, Wall Street Journal reports. Shareholders of record on Thursday, August 15th will be given a dividend of 0.0965 per share on Friday, August 30th. This represents a $1.16 annualized dividend and a yield of 7.28%. The ex-dividend date of this dividend is Thursday, August 15th.
RiverNorth Opportunistic Municipal Income Fund has decreased its dividend payment by an average of 3.4% annually over the last three years.
RiverNorth Opportunistic Municipal Income Fund Stock Up 0.5 %
RiverNorth Opportunistic Municipal Income Fund stock opened at $15.90 on Friday. The stock’s 50 day simple moving average is $15.85 and its two-hundred day simple moving average is $15.83. RiverNorth Opportunistic Municipal Income Fund has a fifty-two week low of $13.05 and a fifty-two week high of $17.37.
RiverNorth Opportunistic Municipal Income Fund Company Profile
The RiverNorth Opportunistic Municipal Income Fund, Inc (the “Fund”) seeks to provide current income exempt from regular U.S. federal income taxes1 with a secondary objective of total return.
See Also
- Five stocks we like better than RiverNorth Opportunistic Municipal Income Fund
- Industrial Products Stocks Investing
- Investing in Cooling Technologies: 3 Top Stocks to Beat the Heat
- Asset Allocation: The Key to a Successful Portfolio. Are You Paying Attention to Yours?
- Celebrate July 4th with These Red, White, & Blue Chip Stocks
- 3 Ways To Invest In Coffee, Other Than Drinking It
- AbbVie Stock: A Perfect Dip for Investors to Buy
Receive News & Ratings for RiverNorth Opportunistic Municipal Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RiverNorth Opportunistic Municipal Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.