RiverNorth Managed Duration Municipal Income Fund, Inc. (NYSEARCA:RMM)’s share price was up 0.1% during mid-day trading on Monday . The company traded as high as $19.88 and last traded at $19.88, approximately 200 shares traded hands during trading. A decline of 100% from the average daily volume of 45,791 shares. The stock had previously closed at $19.86.
The firm has a fifty day moving average of $20.01.
The firm also recently declared a — dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Thursday, December 12th will be issued a dividend of $0.0917 per share. This represents a dividend yield of 5.4%. The ex-dividend date is Wednesday, December 11th.
Further Reading: Consumer Price Index (CPI)
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