RiverNorth Managed Dividend Insights: Essential Information Before the Ex-Dividend Date on Jul 15, 2025

Generated by AI AgentAinvest Dividend Digest
Friday, Jul 11, 2025 8:28 pm ET1min read
RiverNorth Managed Duration Municipal Income Fund II (RMMZ) has announced its upcoming dividend, with the ex-dividend date set for Jul 15, 2025, and the dividend payment date scheduled for Jul 31, 2025. Shareholders will receive a cash dividend of $0.095 per share, which is slightly lower than the average dividend of $0.099 per share over the last ten payouts. Previously, on Jun 30, 2025, the company distributed a similar cash dividend of $0.095 per share.

As of late, RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) has made headlines with various developments. RiverNorth Strategic Holdings, LLC recently filed an amended Form 3/A with the SEC, disclosing its initial beneficial ownership in the company. This filing is part of the routine regulatory requirements and provides transparency regarding the company's ownership structure.

Recently, a notable analysis has been circulating concerning trading strategies for . Analysts have identified key price levels for potential trading actions. The recommendation is to buy RMMZ around $13.79, targeting an upside of $14.40, with a stop-loss at $13.75 to mitigate risk. Conversely, resistance at $14.40 suggests a short position with a target of $13.79 and a stop-loss at $14.44. These strategies reflect the current technical data and suggest cautious approaches in response to market resistance and support levels.

Since the last update, the company has been actively involved in the market, with its stock price recently noted at $14.15 on Jul 10, 2025. The stock's yield has been calculated at approximately 0.081, with a premium/discount rate of -9.7%. These figures provide insights into the company's current market valuation and investor sentiment.

In conclusion, RiverNorth Managed Duration Municipal Income Fund II presents a complex but intriguing investment opportunity. The ex-dividend date on Jul 15, 2025, marks the last day for investors to purchase shares and qualify for the upcoming dividend. Any acquisitions made post this date will not be eligible for this dividend payout. Investors are advised to consider this timeline and the recent strategic and financial updates when making investment decisions.

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