RiverNorth Managed Duration Municipal Income Dividend Insights: Essential Details Before Ex-Dividend Date Jun 13, 2025

RiverNorth Managed Duration Municipal Income (RMM) has announced a dividend of $0.091 per share, which is slightly lower than the average of the last ten dividends of $0.092 per share. The announcement was made on Apr 1st, 2025, with an ex-dividend date of Jun 13th, 2025, and a dividend payment date set for Jun 30th, 2025. The dividend type is cash distribution. The previous dividend was paid on May 30th, 2025, at the same rate of $0.091 per share and was also a cash distribution.

Recently, RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) and RiverNorth Flexible Municipal Income Fund, Inc. (RFM) have been in focus due to their stock performance and dividend history. Although detailed historical data for RMM's dividends is currently unavailable, RMM boasts a dividend yield of 8.05% and has distributed $1.09 per share over the past year. Analysts suggest that the next ex-dividend date is approaching on Jun 13th, 2025, which aligns with the company's monthly dividend payment schedule. Over the past week, discussions have centered around the company's fundamentals, including financial health assessed through its balance sheets and cash flows. Additionally, the industry structure and key personnel updates have been highlighted in recent reports, reflecting the company's operational framework and market performance.

As of late, the company's stock situation has been closely monitored, with analysts indicating potential impacts on market dynamics due to dividend policies and strategic decisions. Investors are advised to consider these recent developments and the company's financial conditions to make informed decisions regarding their investments.

In conclusion, RiverNorth Managed Duration Municipal Income (RMM) is poised for its upcoming ex-dividend date on Jun 13th, 2025. This date marks the last opportunity for investors to purchase shares and be eligible for the current dividend distribution. Any acquisitions made after the ex-dividend date will not qualify for this dividend payout.