Rivernorth Managed Duration Municipal Income Fund Ii Inc (RMMZ)

• Rivernorth Managed Duration Municipal Income Fund Ii Inc (RMMZ) currently pays a dividend of $0.0974 per share with annual dividend yield of 7.40% and price-to-earnings ratio of -.
• Rivernorth Managed Duration Municipal Income Fund Ii Inc (RMMZ) pays out a dividend twelve times per year. Monthly payment frequency should be carefully considered as it can affect investors’ investment strategy.
• Rivernorth Managed Duration Municipal Income Fund Ii Inc (RMMZ) most recent ex-dividend date occurred on December 13, 2024 with dividend payment of $0.0974 per share received on December 31, 2024. Shareholders eligible for this dividend payment owned RMMZ stock before or on this ex-dividend date.

Table below shows the detailed dividend history of Rivernorth Managed Duration Municipal Income Fund Ii Inc Stock (RMMZ). In 2024, the first Rivernorth Managed Duration Municipal Income Fund Ii Inc’s dividend date was on January 12, 2024 with a dividend of $0.0974 per share, representing a 0.31% increase from $0.0971 per share on December 14, 2023. This rise in RMMZ’s dividend pay out can signal a positive financial performance of the company; however, further research should be conducted to understand the company’s change in dividend payment. We recommend investors to review dividend dates and payments carefully with the aim to gain insights on the company’s strategy.