RiverNorth Managed Duration Municipal Income Fund Dividend History
NYSE: RMMFinanceTrusts Except Educational Religious and CharitableUSD
12.87+0.28 (+2.22%)
At close: Oct 9, 4:00 PM ET · Delayed 15 min
- Dividend yield
- 8.07%
- Annual dividend
- $0.00
- Frequency
- Monthly
- Ex-dividend date
- Sep 15, 2026
- Payment date
- —
- Payout ratio
- 62%
RiverNorth Managed Duration Municipal Income Fund dividend summary
RiverNorth Managed Duration Municipal Income Fund pays a monthly dividend of $0.085 per share ($1.02 annualized), a 7.93% yield at the current price. It last cut its per-share payment in January 2026, from $0.091 to $0.085. Over the past five full years, annual dividends per share have declined at a 0.2% compound annual rate.
The payout ratio is 62% of trailing earnings per share. RMM has 85 recorded dividend payments since 2019, totaling $1.04 per share over the last 12 months.
Summary generated from market data by MetaCap's automated system. Methodology
RMM dividend history
| Ex-dividend date | Cash amount | Change | Pay date |
|---|---|---|---|
| Sep 15, 2026 | $0.085 | — | — |
| Aug 14, 2026 | $0.085 | — | — |
| Jul 15, 2026 | $0.085 | — | — |
| Jun 15, 2026 | $0.085 | — | — |
| May 15, 2026 | $0.085 | — | — |
| Apr 15, 2026 | $0.085 | — | — |
| Mar 16, 2026 | $0.085 | — | — |
| Feb 13, 2026 | $0.085 | — | — |
| Jan 15, 2026 | $0.085 | -6.6% | — |
| Dec 15, 2025 | $0.091 | — | — |
| Nov 14, 2025 | $0.091 | — | — |
| Oct 15, 2025 | $0.091 | — | — |
| Sep 15, 2025 | $0.091 | — | — |
| Aug 15, 2025 | $0.091 | — | — |
| Jul 15, 2025 | $0.091 | — | — |
| Jun 13, 2025 | $0.091 | — | — |
| May 15, 2025 | $0.091 | — | — |
| Apr 15, 2025 | $0.091 | — | — |
| Mar 14, 2025 | $0.091 | — | — |
| Feb 14, 2025 | $0.091 | — | — |
| Jan 15, 2025 | $0.091 | -1.1% | — |
| Dec 13, 2024 | $0.092 | — | — |
| Nov 15, 2024 | $0.092 | — | — |
| Oct 15, 2024 | $0.092 | — | — |
| Sep 13, 2024 | $0.092 | — | — |
| Aug 15, 2024 | $0.092 | — | — |
| Jul 15, 2024 | $0.092 | — | — |
| Jun 14, 2024 | $0.092 | — | — |
| May 14, 2024 | $0.092 | — | — |
| Apr 12, 2024 | $0.092 | — | — |
| Mar 14, 2024 | $0.092 | — | — |
| Feb 14, 2024 | $0.092 | — | — |
| Jan 12, 2024 | $0.092 | +1.1% | — |
| Dec 14, 2023 | $0.091 | — | — |
| Nov 14, 2023 | $0.091 | — | — |
| Oct 12, 2023 | $0.091 | — | — |
| Sep 14, 2023 | $0.091 | — | — |
| Aug 14, 2023 | $0.091 | — | — |
| Jul 13, 2023 | $0.091 | — | — |
| Jun 14, 2023 | $0.091 | — | — |
| May 12, 2023 | $0.091 | — | — |
| Apr 13, 2023 | $0.091 | — | — |
| Mar 14, 2023 | $0.091 | — | — |
| Feb 14, 2023 | $0.091 | — | — |
| Jan 12, 2023 | $0.091 | -2.2% | — |
| Dec 14, 2022 | $0.093 | — | — |
| Nov 14, 2022 | $0.093 | — | — |
| Oct 13, 2022 | $0.093 | — | — |
| Sep 15, 2022 | $0.093 | — | — |
| Aug 16, 2022 | $0.093 | — | — |
| Jul 14, 2022 | $0.093 | — | — |
| Jun 15, 2022 | $0.093 | — | — |
| May 12, 2022 | $0.093 | — | — |
| Apr 13, 2022 | $0.093 | — | — |
| Mar 16, 2022 | $0.093 | — | — |
| Feb 10, 2022 | $0.093 | — | — |
| Jan 13, 2022 | $0.093 | +1.1% | — |
| Dec 15, 2021 | $0.092 | — | — |
| Nov 10, 2021 | $0.092 | — | — |
| Oct 14, 2021 | $0.092 | — | — |
| Sep 15, 2021 | $0.092 | — | — |
| Aug 16, 2021 | $0.092 | — | — |
| Jul 15, 2021 | $0.092 | — | — |
| Jun 15, 2021 | $0.092 | — | — |
| May 13, 2021 | $0.092 | — | — |
| Apr 15, 2021 | $0.092 | — | — |
| Mar 16, 2021 | $0.092 | — | — |
| Feb 10, 2021 | $0.092 | — | — |
| Jan 14, 2021 | $0.092 | — | — |
| Dec 16, 2020 | $0.092 | — | — |
| Nov 12, 2020 | $0.092 | — | — |
| Oct 15, 2020 | $0.092 | — | — |
| Sep 15, 2020 | $0.092 | — | — |
| Aug 13, 2020 | $0.092 | — | — |
| Jul 16, 2020 | $0.092 | — | — |
| Jun 15, 2020 | $0.092 | — | — |
| May 14, 2020 | $0.092 | — | — |
| Apr 15, 2020 | $0.092 | — | — |
| Mar 16, 2020 | $0.092 | — | — |
| Feb 13, 2020 | $0.092 | — | — |
| Jan 16, 2020 | $0.092 | — | — |
| Dec 11, 2019 | $0.092 | — | — |
| Nov 13, 2019 | $0.092 | — | — |
| Oct 16, 2019 | $0.092 | — | — |
| Sep 11, 2019 | $0.092 | — | — |
Dividends by year
| Year | Total per share | Payments | Growth |
|---|---|---|---|
| 2026 | $0.765 | 9 | -29.9% |
| 2025 | $1.09 | 12 | -1.1% |
| 2024 | $1.10 | 12 | +1.1% |
| 2023 | $1.09 | 12 | -2.2% |
| 2022 | $1.12 | 12 | +1.1% |
| 2021 | $1.10 | 12 | 0.0% |
| 2020 | $1.10 | 12 | +200.0% |
| 2019 | $0.368 | 4 | — |