Dividend Information about RiverNorth II: Everything You Need to Know Before Its Ex-Dividend Date on Sep 15, 2025

RiverNorth Flexible Municipal Income Fund II (RFMZ) has announced a cash dividend of $0.0858 per share, set to be paid on September 30, 2025, with an ex-dividend date of September 15, 2025. The announcement was made on July 1, 2025, giving investors nearly two and a half months to position themselves before the ex-dividend cutoff. The dividend is slightly lower than the average of the last 10 dividend payments, which stood at approximately $0.0901. Investors looking to qualify for this payout must purchase shares before the ex-dividend date, as any transactions on or after that date will not grant eligibility for the dividend. This payout continues the company’s pattern of regular, predictable distributions, with the last dividend issued on August 29, 2025, matching this quarter’s amount.

Over the past week, RFMZ has been the subject of several market-moving reports, with analysts noting increased institutional interest in the fund due to its stable yield and favorable tax treatment. As of late, the fund’s net asset value (NAV) has shown modest appreciation, aligning with broader municipal bond market trends as investors seek income-generating alternatives amid rising interest rates. Additionally, recent filings indicate that the fund is maintaining its focus on high-quality municipal securities, which could support long-term performance and investor confidence.

Since the last update, a significant change in the fund’s management structure has been reported, with its investment adviser reaffirming its commitment to preserving capital and generating consistent income for shareholders. This strategic reassurance has contributed to a slight uptick in the fund’s trading volume, suggesting renewed investor interest in its dividend yield and risk-adjusted returns. The fund’s premium/discount to NAV has also stabilized, hovering near the average for its peer group.

In conclusion, RFMZ remains a compelling option for income-focused investors seeking exposure to the municipal bond market. The ex-dividend date is Sep 15, 2025, marking the last day for investors to purchase shares and still receive the upcoming dividend. Investors should be mindful of this date to ensure they meet the eligibility criteria and avoid missing out on this regular income stream.