RMI is RiverNorth Opportunistic Municipal Income Fund, Inc. (Financial Services). Trading at $15.04. Current dividend yield: 7.77%.
Dividend snapshot
| Annual dividend rate | $1.18 |
| Current yield | 7.77% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 15, 2026(in 13 days) |
| Most recent payment date | Aug 31, 2026 |
| Last payment amount | $0.0889 |
| 5-year dividend CAGR | -2.62% |
| 3-year dividend CAGR | -3.14% |
| Payout ratio | 940% |
| Market cap | $97M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-10-16 | $0.0889 |
| 2026-09-16 | $0.0889 |
| 2026-09-15 | $0.0889 |
| 2026-08-17 | $0.0889 |
| 2026-08-14 | $0.0889 |
| 2026-07-15 | $0.0889 |
| 2026-06-15 | $0.0889 |
| 2026-05-15 | $0.0889 |
About RMI
RiverNorth Opportunistic Municipal Income Fund, Inc. is a diversified, closed-end management investment company. Its investment objective is to seek current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
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Frequently asked
What is RMI's dividend yield?
RMI (RiverNorth Opportunistic Municipal Income Fund, Inc.) currently has a dividend yield of 7.77%, which works out to about $1.18 in annual dividend payments per share.
When is RMI's next ex-dividend date?
RMI's next ex-dividend date is Sep 15, 2026 (in 13 days). To receive the upcoming dividend, you must own shares before this date.
When did RMI last pay a dividend?
RMI's most recent dividend payment date was Aug 31, 2026.
How often does RMI pay dividends?
RMI pays dividends on a monthly schedule.
How fast is RMI growing its dividend?
RMI has been shrinking its dividend at a -3.14% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track RMI in DiviDrip
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Data refreshed 2026-09-02. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.