RMM is Rivernorth Managed Duration Municipal Income Fund Inc. (Financial Services). Trading at $14.17. Current dividend yield: 7.96%.
Dividend snapshot
| Annual dividend rate | $1.12 |
| Current yield | 7.96% |
| Payment frequency | Monthly |
| Next ex-dividend date | Sep 15, 2026(in 10 days) |
| Most recent payment date | Aug 31, 2026 |
| Last payment amount | $0.0847 |
| 5-year dividend CAGR | -0.26% |
| 3-year dividend CAGR | -0.87% |
| Payout ratio | 569% |
| Market cap | $279M |
| Exchange | NYQ |
Recent dividend payments
| Date | Amount / share |
|---|---|
| 2026-10-16 | $0.0847 |
| 2026-09-16 | $0.0847 |
| 2026-09-15 | $0.0847 |
| 2026-08-17 | $0.0847 |
| 2026-08-14 | $0.0847 |
| 2026-07-15 | $0.0847 |
| 2026-06-15 | $0.0847 |
| 2026-05-15 | $0.0847 |
About RMM
RiverNorth Managed Duration Muni Inc Fd is a United States based diversified, closed-end management investment company. Its primary investment objective is 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 RMM's dividend yield?
RMM (Rivernorth Managed Duration Municipal Income Fund Inc.) currently has a dividend yield of 7.96%, which works out to about $1.12 in annual dividend payments per share.
When is RMM's next ex-dividend date?
RMM's next ex-dividend date is Sep 15, 2026 (in 10 days). To receive the upcoming dividend, you must own shares before this date.
When did RMM last pay a dividend?
RMM's most recent dividend payment date was Aug 31, 2026.
How often does RMM pay dividends?
RMM pays dividends on a monthly schedule.
How fast is RMM growing its dividend?
RMM has been shrinking its dividend at a -0.87% 3-year compound annual growth rate (CAGR). CAGR smooths year-to-year noise into a single average growth rate.
Track RMM in DiviDrip
Add RMM to your portfolio on DiviDrip to track every buy, DRIP reinvestment, and dividend payment in one place. Free, no credit card, no upsell — built by dividend investors, for dividend investors.
- Open DiviDrip — search RMM and add your shares.
- View the RMM Dividend Triangle — see Revenue × EPS × Dividend growth at a glance.
- Stock Screener — find more dividend payers like RMM.
- DiviDrip Learn — free guides on DRIP, dividend tiers, ETF comparisons.
Data refreshed 2026-09-05. Not investment advice. Yields and prices change continuously; always verify the latest numbers in the live app before buying.
