RiverNorth Opportunistic Municipal Income Fund announces a $0.0889 per share dividend for three consecutive months.
RiverNorth Opportunistic Municipal Income Fund Inc (RMI) declared a $0.0889 per share monthly dividend, reflecting a 6.83% forward yield. The dividend is payable on July 31, August 31, and September 30 for shareholders of record on the 15th of each respective month.
The fund’s consistent dividend payout follows prior distributions, maintaining its yield profile. Ex-dividend dates for the three payments are set for July 15, August 14, and September 15.
No immediate market reaction was specified in the announcement.