RiverNorth Managed: Essential Dividend Details and Market Updates Ahead of Jun 13, 2025

RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) has announced a cash dividend of $0.095 per share, with the ex-dividend date set for Jun 13th, 2025, and the payment date on Jun 30th, 2025. This dividend is slightly lower than the average of the last ten dividends, which stood at approximately $0.099 per share. Previously, the company declared a cash dividend of $0.095 per share on May 30th, 2025. Investors should note these dividend details as they prepare for the upcoming ex-dividend date.

Recently, RiverNorth Managed Duration Municipal Income Fund II, Inc. has been in the spotlight with several noteworthy developments. The company functions as a diversified, closed-end management investment fund, primarily focused on generating current income exempt from regular U.S. Federal income tax, while also aiming for total return. Headquartered in Chicago, IL, RiverNorth is strategically positioned to leverage its investment objectives.

Over the past week, analysts have upgraded RiverNorth's stock from Hold/Accumulate to Buy Candidate, reflecting positive sentiments towards its performance and potential growth. This upgrade, effective as of Jun 5th, 2025, underscores the company's robust fundamentals and strategic investments. Additionally, sources reported a detailed overview of RiverNorth's dividend history, emphasizing its consistent dividend performance and yield. As of late, RiverNorth's market activities have garnered significant attention, particularly concerning its structured investment approach and financial stability. These updates are crucial for investors considering their positions ahead of the ex-dividend date.

In conclusion, RiverNorth Managed Duration Municipal Income Fund II, Inc. remains a compelling prospect for investors seeking tax-exempt income and total return. The ex-dividend date of Jun 13th, 2025 serves as the last opportunity for investors to purchase shares and secure this dividend. Any acquisitions made after this date will not qualify for the current dividend payout.