RiverNorth Flexible Municipal Income Fund, Inc. (RFM) To Go Ex-Dividend on May 13th

RiverNorth Flexible Municipal Income Fund, Inc. (NYSEARCA:RFM) announced a monthly dividend on Tuesday, April 6th, Wall Street Journal reports. Investors of record on Friday, May 14th will be given a dividend of 0.1042 per share on Friday, May 28th. This represents a $1.25 dividend on an annualized basis and a yield of 5.53%. The ex-dividend date is Thursday, May 13th.

RiverNorth Flexible Municipal Income Fund stock opened at $22.60 on Thursday. The company’s 50-day moving average price is $21.99 and its 200-day moving average price is $21.37. RiverNorth Flexible Municipal Income Fund has a twelve month low of $16.82 and a twelve month high of $23.60.

In other news, insider Rivernorth Capital Management, sold 3,600 shares of RiverNorth Flexible Municipal Income Fund stock in a transaction that occurred on Monday, April 5th. The stock was sold at an average price of $22.34, for a total value of $80,424.00. In the last quarter, insiders sold 10,111 shares of company stock valued at $224,871.

RiverNorth Flexible Municipal Income Fund Company Profile

There is no company description available for RiverNorth Flexible Municipal Income.

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Dividend History for RiverNorth Flexible Municipal Income Fund (NYSEARCA:RFM)

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