RiverNorth Flexible Municipal Income Fund announces a $0.0881 per share dividend for July, August, and September.
RiverNorth Flexible Municipal Income Fund declared a $0.0881 per share monthly dividend, reflecting a 7.14% forward yield. The dividend is payable July 31 to shareholders of record July 15, with an ex-dividend date of July 15.
The fund will repeat the same payout for August and September, with payment dates of August 31 and September 30, respectively. Record and ex-dividend dates for those months are August 14 and September 15.
The announcement follows the fund’s consistent dividend distribution pattern, targeting income-focused investors in the municipal bond market.