Rivernorth Managed Duration Municipal Income Fund Inc.
RMM
Price:
$15.39
Market Cap:
$303.79M
Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal debt securities. It seeks to invest in securities of any maturity. The fund employs a combination of fundamental and quantitative analysis. It benchmarks the performance of its portfolio against the Bloomberg Barclays Municipal Bond Index. The fund employs proprietary research to create its portfolio. Rivernorth Managed Duration Municipal Income Fund Inc. was formed on July 2...[Read more]
Industry
Asset Management - Income
IPO Date
2019-07-26
Stock Exchange
NYSE
Ticker
RMM
PE Ratio
[12.02]
ROE
[7.82%]
Current Ratio
[2.34]
Dividend Yield
[7.14%]
Enterprise Value
[505.89M]
Dividend History
RMM Dividend History Overview
Dividends are a key part of long-term returns for investors, and RMM has a track record worth reviewing. Looking at dividend history for RMMgives you an idea of how consistent the dividends have been and what you might expect in the future.
Ex-Dividend Date
2024-12-13
Dividend Yield
7.14
Annual Dividend
1.10
P/E Ratio
12.02
Payout Ratio
0.86
Dividend per Share
1.10
EPS
1.28
| Ex-Date/EFF Date | Dividend Amount | Adjusted Dividend | Payment Date | Declaration Date |
|---|---|---|---|---|
| 2024-12-13 | 0.0916 | 0.0916 | 2024-12-31 | 2024-10-01 |
| 2024-11-15 | 0.0916 | 0.0916 | 2024-11-29 | 2024-10-01 |
| 2024-10-15 | 0.0916 | 0.0916 | 2024-10-31 | 2024-10-01 |
| 2024-09-13 | 0.0916 | 0.0916 | 2024-09-30 | 2024-07-01 |
| 2024-08-15 | 0.0916 | 0.0916 | 2024-08-30 | 2024-07-01 |
| 2024-07-15 | 0.0916 | 0.0916 | 2024-07-31 | 2024-07-01 |
| 2024-06-14 | 0.0916 | 0.0916 | 2024-06-28 | 2024-04-01 |
| 2024-05-14 | 0.092 | 0.092 | ||
| 2024-04-12 | 0.0916 | 0.0916 | 2024-04-30 | 2024-04-01 |
| 2024-03-14 | 0.0916 | 0.0916 | 2024-03-28 | 2024-01-02 |
| 2024-02-14 | 0.0916 | 0.0916 | 2024-02-29 | 2024-01-02 |
| 2024-01-12 | 0.0916 | 0.0916 | 2024-01-31 | 2024-01-02 |
| 2023-12-14 | 0.0911 | 0.0911 | 2023-12-29 | 2023-10-02 |
| 2023-11-14 | 0.0911 | 0.0911 | 2023-11-30 | 2023-10-02 |
| 2023-10-12 | 0.0911 | 0.0911 | 2023-10-31 | 2023-10-02 |
| 2023-09-14 | 0.0911 | 0.0911 | 2023-09-29 | 2023-07-03 |
| 2023-08-14 | 0.0911 | 0.0911 | 2023-08-31 | 2023-07-03 |
| 2023-07-13 | 0.0911 | 0.0911 | 2023-07-31 | 2023-07-03 |
| 2023-06-14 | 0.0911 | 0.0911 | 2023-06-30 | 2023-04-03 |
| 2023-05-12 | 0.0911 | 0.0911 | 2023-05-31 | 2023-04-03 |
| 2023-04-13 | 0.0911 | 0.0911 | 2023-04-28 | 2023-04-03 |
| 2023-03-14 | 0.0911 | 0.0911 | 2023-03-31 | 2023-01-03 |
| 2023-02-14 | 0.091 | 0.0911 | 2023-02-28 | 2023-01-03 |
| 2023-01-12 | 0.091 | 0.0911 | 2023-01-31 | 2023-01-03 |
| 2022-12-14 | 0.093 | 0.0929 | 2022-12-30 | 2022-10-03 |
| 2022-11-14 | 0.093 | 0.0929 | 2022-11-30 | 2022-10-03 |
| 2022-10-13 | 0.093 | 0.0929 | 2022-10-31 | 2022-10-03 |
| 2022-09-15 | 0.093 | 0.0929 | 2022-09-30 | 2022-07-01 |
| 2022-08-16 | 0.093 | 0.0929 | 2022-08-31 | 2022-07-01 |
| 2022-07-14 | 0.093 | 0.0929 | 2022-07-29 | 2022-07-01 |
| 2022-06-15 | 0.093 | 0.0929 | 2022-06-30 | 2022-04-01 |
| 2022-05-12 | 0.093 | 0.0929 | 2022-05-31 | 2022-04-01 |
| 2022-04-13 | 0.093 | 0.0929 | 2022-04-29 | 2022-04-01 |
| 2022-03-16 | 0.093 | 0.0929 | 2022-03-31 | 2022-01-03 |
| 2022-02-10 | 0.093 | 0.0929 | 2022-02-28 | 2022-01-03 |
| 2022-01-13 | 0.093 | 0.0929 | 2022-01-31 | 2022-01-03 |
| 2021-12-15 | 0.092 | 0.0917 | 2021-12-31 | 2021-10-01 |
| 2021-11-10 | 0.092 | 0.0917 | 2021-11-30 | 2021-10-01 |
| 2021-10-14 | 0.092 | 0.0917 | 2021-10-29 | 2021-10-01 |
| 2021-09-15 | 0.092 | 0.0917 | 2021-09-30 | 2021-07-01 |
| Show less |
RMM Dividend History Chart
The table below shows RMM dividend history over the years, including the amount per share, the payout date, and any adjustments for stock splits.
Track RMM Dividend Growth
RMM dividend history also allows you to track its dividend growth over time. This gives you insight into how the company’s earnings and payout ratios have evolved. Tracking this growth can help you gauge the stock's potential for future income.
Other Popular Dividend Stocks
RMM dividend history also allows you to track its dividend growth over time. This gives you insight into how the company's earnings and payout ratios have evolved. Tracking this growth can help you gauge the stock's potential for future income.
Track & Identify Dividend Stocks
Tracking and finding valuable dividend stocks to invest in is difficult. For this, you can use Wisesheets, which allows you to pull all necessary dividend, financial, and price data to track your dividend investments in one place exactly how you want, using the power of spreadsheets.
Frequently asked questions❓
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