NYSE:RMMZ
RiverNorth Managed Duration Municipal Stock Dividends
$15.80
-0.0250 (-0.158%)
At Close: May 17, 2024
RMMZ pays dividends . Last paid amount was $0.0974 at Apr 30, 2024. As of today, dividend yield (TTM) is 7.63%.
Dividend Yield Range
The Dividend Yield Range is the range of values in which a stock’s dividend yield has fluctuated within a specified period, often a year. It represents the variation between the highest and lowest dividend yields observed during that time frame.
AI Analysis of RMMZ
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Key Stats
| Dividend Yield (TTM) | 7.63% |
|---|---|
| Frequency | |
| 1Y Growth | 0.412% |
| Payout Ratio | 0 |
| Amount Per Share | $0.0974 |
| Next Ex-Dividend Date | May 14, 2024 |
| Next Payment Date | May 31, 2024 |
RMMZ Dividend Payout History
To ensure a understanding of RMMZ's dividend performance, consider examining the historical payout ratios and how they align with the company's earnings. Fluctuations in payout amounts may reflect changes in the company's dividend policy or earnings stability.
| # | Ex-Date | Pay Date | Amount | Yield | |
|---|---|---|---|---|---|
| 1 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 | $0.0974 | 0.616% |
| 2 | Apr 01, 2024 | May 14, 2024 | May 31, 2024 | $0.0974 | 0.616% |
| 3 | Apr 01, 2024 | Apr 12, 2024 | Apr 30, 2024 | $0.0974 | 0.628% |
| 4 | Jan 02, 2024 | Mar 14, 2024 | Mar 28, 2024 | $0.0974 | 0.604% |
| 5 | Feb 14, 2024 | Feb 14, 2024 | Feb 29, 2024 | $0.0974 | 0.607% |
| 6 | Jan 02, 2024 | Jan 12, 2024 | Jan 31, 2024 | $0.0974 | 0.610% |
| 7 | Dec 14, 2023 | Dec 14, 2023 | Dec 14, 2023 | $0.0970 | 0.648% |
| 8 | Nov 14, 2023 | Nov 14, 2023 | Nov 14, 2023 | $0.0970 | 0.677% |
| 9 | Oct 02, 2023 | Oct 12, 2023 | Oct 31, 2023 | $0.0970 | 0.734% |
| 10 | Jul 03, 2023 | Sep 14, 2023 | Sep 29, 2023 | $0.0970 | 0.676% |
RMMZ Dividend Calculator
Dividend Calculator is designed to forecast the potential returns from RMMZ dividends based on your individual investment size or the number of shares you own. Simply enter your total investment amount to see the cumulative dividend payment you could receive over a specified period.
Read how to invest in RMMZ stock here.
FAQ
What factors can affect the amount of RMMZ's dividend payments?
The amount of RMMZ's dividends can fluctuate based on several factors, including the company's financial performance, earnings, cash flow, capital requirements, and overall market conditions. Changes in RMMZ sector's trends, interest rate shifts, and the company's operational adjustments can also influence dividend decisions.
Can dividends from RMMZ stock be automatically reinvested?
If RMMZ offers a Dividend Reinvestment Plan (DRIP), shareholders may have the option to automatically reinvest dividends to purchase additional shares. Please check with your brokerage for the availability and details of such a plan. Here's an easy guide on how to buy RMMZ stock.
How often does RMMZ pay dividend?
RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) pays dividends . The most recent payout was on Apr 30, 2024. The upcoming dividend Ex Date is May 14, 2024, with an amount of $0.0974.
How much does RMMZ pays per share?
The last recorder (Apr 12, 2024) dividend per share was $0.0974.
What is RMMZ dividend growth rate?
Over the last year, RiverNorth Managed Duration Municipal Income Fund II, Inc. has witnessed growth rate of 0.412% . Looking back over the past 3 years, this growth rate has been -2.16%. Furthermore, examining the past 5 years, RiverNorth Managed Duration Municipal Income Fund II, Inc. has maintained an average Dividends Per Share Growth Rate of -1.30%.
