RiverNorth Managed Duration Municipal Income Dividend Insights: Key Information Ahead of Ex-Dividend Date on Aug 15, 2025

RiverNorth Managed Duration Municipal Income (RMM) has announced its latest dividend details with significant dates and figures. The ex-dividend date is Aug 15, 2025, while shareholders can expect to receive their dividends on Aug 29, 2025. The declared dividend per share is $0.091, which is slightly lower than the average of the last ten dividends per share, calculated at $0.092. Previously, on Jul 31, 2025, the company issued a dividend of $0.091 per share. The dividend type for both instances is cash dividend, reflecting the company's ongoing commitment to providing a steady stream of income for its investors.

Recently, RiverNorth Managed Duration Municipal Income Fund Inc. (RMM) has experienced a flurry of activity. Analysts have noted a strategic inflection point for municipal closed-end funds like RMM, as their portfolios face emerging challenges. As of late, there has been a recommended stop-loss set at $13.25, indicating a sell signal from a pivot top. Meanwhile, the company's stock price was observed at $13.81 on Aug 9, 2025, suggesting potential investment opportunities for those investing from India. Over the past week, the company was listed among the top losers with a 9.9% loss, highlighting a volatile period that's caught the attention of market participants. These developments underscore the dynamic nature of RMM's market presence and the factors influencing its current performance.

In conclusion, RiverNorth Managed Duration Municipal Income Fund Inc. remains a focal point for investors tracking municipal income funds. It's essential for potential investors to note that Aug 15, 2025, marks the ex-dividend date, the last opportunity to purchase the company's stock and receive the upcoming dividend. Any acquisitions made post this date will not qualify for the dividend payout.