RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM) Declares $0.09 Monthly Dividend

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM) declared a monthly dividend on Wednesday, April 1st. Shareholders of record on Wednesday, April 15th will be given a dividend of 0.0881 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 7.3%. The ex-dividend date is Wednesday, April 15th.

RiverNorth Flexible Municipal Income Fund Stock Down 0.2%

RFM stock traded down $0.04 during mid-day trading on Monday, reaching $14.40. The company had a trading volume of 1,590 shares, compared to its average volume of 24,243. The stock has a 50 day simple moving average of $14.37 and a two-hundred day simple moving average of $14.29. RiverNorth Flexible Municipal Income Fund has a 52 week low of $13.59 and a 52 week high of $14.90.

RiverNorth Flexible Municipal Income Fund Company Profile

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.