RiverNorth Managed Duration Municipal Income Fund (RMM) Dividends & Splits

RiverNorth Managed Duration Municipal Income Fund Inc (RMM) is a municipal bond fund that aims to provide investors with a consistent income stream through dividends. The fund focuses on municipal bonds, which are debt securities issued by state and local governments to finance public projects. One of the key benefits of investing in municipal bonds is their tax-exempt status, making them attractive to investors in higher tax brackets. RMM pays dividends to its shareholders regularly, providing them with a source of income. The dividend yield of RMM represents the annual dividend income received per share relative to the fund's price. This can be a useful metric for investors comparing different dividend-paying funds. The payout ratio is the proportion of a company's earnings that are paid out as dividends, and it can indicate the sustainability of the dividend payments. The ex-date of RMM's dividend is the date on which a buyer no longer receives the upcoming dividend payment. RMM does not currently have any splits. A split occurs when a company divides its existing shares into multiple shares, often as a means to make the shares more affordable for retail investors. The split multiple represents the number of new shares received for each existing share. As of now, RMM has not undergone any splits. The dividend amount per share is the monetary value received by each shareholder for each share they own. This amount can vary from one dividend payment to another, depending on the fund's performance. The dividend growth rate measures the annualized rate at which a company increases its dividends over time. It is an important indicator of a company's commitment to rewarding shareholders. The dividend yield range of RMM represents the range of dividend yields observed over a certain period. This range can be influenced by factors such as changes in interest rates and market conditions. The dividend payment date is the date on which RMM distributes its dividend payments to shareholders. The dividend payment frequency indicates how often RMM pays dividends, such as quarterly, semi-annually, or annually.

RiverNorth Managed Duration Municipal Income Fund Inc (RMM) provides investors with an opportunity to generate a consistent income stream through dividends. The fund focuses on investing in municipal bonds, which are debt securities issued by state and local governments. By investing in municipal bonds, RMM aims to provide investors with tax-exempt income, making it particularly appealing for investors in higher tax brackets. The dividend yield of RMM reflects the annual dividend income received per share relative to the fund's price. This metric can help investors assess the potential income generation of the fund. The payout ratio of RMM indicates the proportion of the fund's earnings that are distributed as dividends. A lower payout ratio typically suggests that the dividend payments are sustainable in the long term. The ex-date of RMM's dividends is an important date for investors to consider, as it determines whether they will receive the upcoming dividend payment. As of now, RMM has not undergone any splits, which occur when a company divides its shares into multiple shares. The split multiple represents the ratio of new shares received for each existing share. RMM does not have a specified dividend amount per share, as it can vary from one dividend payment to another based on the fund's performance. The dividend growth rate measures the rate at which RMM increases its dividends over time, reflecting its commitment to rewarding shareholders. The dividend yield range of RMM represents the range of dividend yields observed over a certain period, taking into account factors such as market conditions and interest rates. The dividend payment date is the date on which RMM distributes its dividend payments to shareholders. The frequency of dividend payments indicates how often RMM pays dividends to its shareholders, which could be quarterly, semi-annually, or annually.