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

RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) has announced its upcoming dividend distribution, offering shareholders valuable insights into its payout structure and timing. The dividend of $0.0951 per share is scheduled for payment on Sep 30, 2025, with the ex-dividend date set for Sep 15, 2025. Investors must purchase the stock before this date to be eligible for the dividend. The announcement was made on Jul 1, 2025, giving investors ample time to strategize around the upcoming payout. Looking at historical data, the average of the last 10 dividend amounts is $0.0985 per share, indicating that this upcoming payout is slightly lower than the average. The most recent dividend was distributed on Aug 29, 2025, with the same amount of $0.0951 per share, and it also represented a cash dividend. This consistency in payout, despite a marginal decrease from the average, reflects a stable and predictable approach to shareholder returns for RMMZ.

Over the past week, several developments have influenced RMMZ’s market performance and investor sentiment. Recently, the fund has seen increased scrutiny over its governance structure and executive compensation, particularly due to its indirect payment model where most officers are compensated by the investment adviser rather than the fund itself. This model, while common in closed-end fund structures, has sparked discussions among analysts about potential misalignments between fund performance and executive incentives. Additionally, as of late, RMMZ has been featured in discussions about its yield and premium/discount status, with its yield currently standing at 0.0761, while trading at a -4.5% discount. This discount reflects broader market trends for closed-end funds and may offer value to investors seeking income-generating securities. Another significant development has been the launch of strategic initiatives aimed at improving shareholder value, including expense reductions and improved fund efficiency, which may contribute to long-term performance. These efforts, combined with RMMZ’s consistent dividend policy, position the fund as a viable option for income-focused investors.

In conclusion, RMMZ continues to offer a stable dividend stream, with its upcoming payout reflecting a slightly lower amount compared to historical averages. While the fund’s structure and governance remain subjects of ongoing analysis, its consistent approach to shareholder returns and recent strategic initiatives suggest a focused effort to enhance value. Investors should note that the ex-dividend date for this payout is Sep 15, 2025, which is the last day to purchase shares and still receive the dividend. Any purchase made after this date will not qualify for the upcoming distribution.