Dividend Information About RiverNorth Managed: Everything You Need to Know Before Its Ex-Dividend Date on Oct 15, 2025

Generated by AI AgentAinvest Dividend Digest
Saturday, Oct 11, 2025 8:02 pm ET1min read
RMMZ--
Aime RobotAime Summary

- RiverNorth Managed (RMMZ) announced a $0.0951/share cash dividend, with ex-dividend on Oct 15, 2025, and payment on Oct 31.

- The payout matches the previous dividend but falls below the 10-year average of $0.0984, signaling a slight downward trend.

- The company maintains stable fundamentals, with a $124.88M market cap and strategic focus on municipal bond strategies in the finance sector.

RiverNorth Managed (RMMZ) has announced its upcoming cash dividend distribution, with key dates set for the coming months. The ex-dividend date is scheduled for Oct 15, 2025, meaning investors must hold the stock before this date to be eligible for the payout. The announcement date was Oct 1, 2025, and the actual payment will occur on Oct 31, 2025. The dividend amount stands at $0.0951 per share, which is slightly lower than the average of the last 10 dividends, calculated at $0.0984. This upcoming cash distribution follows the last one on Sep 30, 2025, which also amounted to $0.0951 per share. Investors should note that the company has maintained a consistent dividend pattern, with the most recent payout reflecting the same amount as the previous one but falling below the average of the last 10. This suggests a slight downward trend in the average payout, though the company’s recent cash dividend remains stable.

Over the past week, RMMZ has remained in the spotlight due to several noteworthy developments that could influence its market performance and investor sentiment. Recent reports highlight the company’s position among the largest firms by market capitalization, with its stock currently valued at $14.77 and a market cap of $124.88 million. Analysts have noted a steady interest in the firm, as it continues to attract attention in the finance and insurance sector. Additionally, RMMZ has been featured in discussions concerning its strategic focus on managed duration and municipal bond strategies, indicating a potential shift or reinforcement in its investment approach. Since the last update, the company’s fundamentals have remained relatively stable, with no major changes reported in its balance sheet or earnings outlook. However, ongoing industry movements and shifts in investor preferences may still affect its long-term trajectory.

In conclusion, RiverNorth ManagedRMMZ-- is set to pay a $0.0951 per share cash dividend, with the ex-dividend date scheduled for Oct 15, 2025. Investors who purchase the stock on or after this date will not be entitled to the dividend payment. As of late, the company has shown consistent performance, with recent news reinforcing its role in the finance and insurance sector. Investors are advised to monitor upcoming reports and market movements to gauge potential shifts in the company’s direction.

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