Cash Dividend On The Way From Rivernorth Managed Duration Municipal Income Fund (RMM)

Rivernorth Managed Duration Municipal Income Fund (RMM) will trade ex-dividend on 6/15/26 for its monthly dividend of $0.0847, payable on 6/30/26. Based on the cited recent share price of $14.55, the distribution implies a monthly yield of roughly 0.58%. This is routine dividend calendar news with minimal expected market impact.

Analysis

Rivernorth Managed Duration Municipal Income Fund (RMM) will trade ex-dividend on 6/15/26 for its monthly dividend of $0.0847, payable on 6/30/26. Based on the cited recent share price of $14.55, the distribution implies a monthly yield of roughly 0.58%. This is routine dividend calendar news with minimal expected market impact.