RiverNorth Opportunistic Municipal Income Fund, Inc. (NYSE:RMI – Get Free Report) announced a monthly dividend on Wednesday, July 1st. Investors of record on Friday, October 16th will be given a dividend of 0.0889 per share on Friday, October 30th. This represents a c) dividend on an annualized basis and a dividend yield of 6.8%. The ex-dividend date is Friday, October 16th.
RiverNorth Opportunistic Municipal Income Fund Stock Performance
RMI opened at $15.72 on Thursday. RiverNorth Opportunistic Municipal Income Fund has a 12 month low of $13.71 and a 12 month high of $16.36. The company has a fifty day simple moving average of $15.29 and a 200 day simple moving average of $15.12.
About RiverNorth Opportunistic Municipal Income Fund
RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) is a closed-end management investment company that seeks to deliver tax-exempt income through diversified exposure to U.S. municipal securities. The fund is structured as a non-diversified, interval fund and primarily caters to investors pursuing high-quality, tax-advantaged income from state and local government obligations.
RMI employs an opportunistic, value-oriented investment process, focusing on both traditional investment-grade bonds and specialized niches within the municipal market.
Featured Articles
- Five stocks we like better than RiverNorth Opportunistic Municipal Income Fund
- SMRs Spark a Chain Reaction for Nano Nuclear
- Netflix Stock Is Near 2021 Levels, and Bulls See 4 Reasons to Care
- Tesla Stock Surges 15% as FSD Update Backs Its Autonomy Thesis
- Is the Memory Rally Still Alive After the Semiconductor Sell-Off?
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.
