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

RiverNorth Managed Duration Municipal Income (RMM) has announced its upcoming cash dividend of $0.09050000 per share, marking a consistent payout compared to the average of its last 10 dividends, which stood at $0.09165. The announcement was made on Jul 1, 2025, and the dividend will be paid out on Sep 30, 2025. Investors must be aware that the ex-dividend date is Sep 15, 2025, meaning any purchase of RMM shares after this date will not be eligible to receive the upcoming distribution. This aligns with the company’s recent dividend on Aug 29, 2025, which also amounted to $0.09050000 per share and was distributed as a cash dividend, showing continuity in the firm’s payout pattern.

Over the past week, several key developments have emerged regarding RMM. First, recent market analysis indicates that RMM has shown mostly positive signals, with buy indicators from both short- and long-term perspectives, suggesting potential optimism among investors. Additionally, the fund has been highlighted in several reports for its strategic positioning in the municipal bond market, with analysts noting its attractive yield of approximately 7.84% as of late, despite trading at a discount to its net asset value. Another significant update involves executive compensation practices, with recent filings revealing that certain key executives at a related entity, RMMZ, do not receive direct compensation and that leadership holds no direct ownership in fund shares, sparking discussions about governance and alignment of interests. These developments, taken together, reflect evolving dynamics in both the fund’s structure and investor sentiment.

In conclusion, as RiverNorth Managed Duration Municipal Income approaches its ex-dividend date of Sep 15, 2025, investors should remain attentive to the dividend timeline and recent market activity. The consistent payout pattern and recent positive market signals suggest a stable outlook for the fund, though ongoing monitoring of governance and yield performance will remain essential. Investors who wish to participate in the upcoming dividend must ensure ownership of shares before the ex-dividend date, as any purchase after Sep 15, 2025 will not qualify for the distribution.