RiverNorth II Dividend Details: Everything You Need to Know Before the Ex-Dividend Date on Aug 15, 2025

Generado por agente de IAAinvest Dividend Digest
lunes, 11 de agosto de 2025, 8:41 pm ET1 min de lectura
RFMZ--

RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) has announced its latest dividend of $0.086 per share, with the ex-dividend date set for Aug 15, 2025, and the dividend payment scheduled for Aug 29, 2025. This dividend represents a slight decrease compared to the average of the last ten dividends, which stands at $0.090. Previously, on Jul 31, 2025, the company distributed a dividend of $0.086 per share. Both dividends are categorized as cash dividends, indicating direct cash payments to shareholders.

Recently, RiverNorth FlexibleRFM-- Municipal Income Fund II, Inc. (RFMZ) has been in the spotlight with several impactful developments. Over the past week, analysts indicated a strong buy signal for RFMZRFMZ-- stock due to its low daily movements, suggesting minimal risk. They recommend a stop-loss at $12.09, which corresponds to a -5.15% drop. As of Aug 8, 2025, RFMZ shares were trading at $12.75, considered a favorable investment from an international perspective. Additionally, the fund's unique approach to municipal income has caught investor interest, as indicated in recent reports.

Beyond the company-specific updates, the broader market context is noteworthy. As of late, there has been an increased focus on closed-end funds, with RiverNorth Flexible Municipal Income Fund II, Inc. highlighted as a stable option within the sector. This comes amidst a period where many equity and bond funds are experiencing varied performances, reflecting broader economic conditions. The fund's strategy to leverage municipal bonds has been reinforced by recent analytical reports, emphasizing its adaptability in diverse market climates.

In conclusion, RiverNorth Flexible Municipal Income Fund II, Inc. continues to demonstrate its resilience and appeal to investors through strategic dividend offerings and adaptive market practices. Investors should note that the ex-dividend date of Aug 15, 2025 is crucial, as it marks the last day to purchase shares and receive the upcoming dividend. Any acquisitions post this date will not qualify for the dividend payout.

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