RFMZ Dividend
RiverNorth Flexible Municipal Income Fund II, Inc.
NYSEFinancial ServicesStockData as of
- Dividend yield
- 8.33%
- Annual dividend
- $0.98
- Payout ratio
- 0.62
- Frequency
- Monthly
- Share price
- $11.78
- Market cap
- $287M
Next payment
Ex-dividend date: Pay date: Amount: $0.0804
You must own the shares before the ex-dividend date to receive this payment.
Is RFMZ a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is above the market median8.33% against a median of 2.92% across US dividend payers.
- Dividend uses most of earningsA payout ratio of 0.62 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
- Dividend has been cut 2 timesAcross 5 complete years, the annual total fell in 2023, 2025. The most recent reduction was in 2025.
- Pays monthlyPayments arrive twelve times a year rather than the usual four, which suits income being drawn rather than reinvested.
RFMZ dividend history
Annual dividend per share, 2021 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0804 | Monthly | ||
| $0.0804 | Monthly | ||
| $0.0804 | Monthly | ||
| $0.0804 | Monthly | ||
| $0.0804 | Monthly | ||
| $0.0804 | Monthly | ||
| $0.0804 | Monthly | ||
| $0.0804 | Monthly | ||
| $0.0804 | Monthly | ||
| $0.0804 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0858 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0866 | Monthly | ||
| $0.0865 | Monthly | ||
| $0.0865 | Monthly | ||
| $0.0865 | Monthly | ||
| $0.0865 | Monthly | ||
| $0.0865 | Monthly | ||
| $0.0865 | Monthly |
How much would RFMZ pay you?
Enter an amount and see the income this dividend would produce — per year, per payment and per month.
Calculate RFMZ dividend income →RFMZ appears in
Other financial services dividend stocks
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- NDMONuveen Dynamic Municipal Opportunities Fund8.29%
- BGBBlackstone Strategic Credit Fund8.37%
- BANXArrowMark Financial Corp.8.28%
- NADNuveen Quality Municipal Income Fund8.38%
- NKXNuveen California AMT-Free Quality Municipal Income Fund8.27%
- JCENuveen Core Equity Alpha Fund8.26%
- IIMInvesco Value Municipal Income Trust8.41%
Frequently asked questions
- Does RFMZ pay a dividend?
- Yes. RiverNorth Flexible Municipal Income Fund II, Inc. pays a monthly dividend, currently yielding 8.33% based on trailing twelve-month payments of $0.98 per share.
- How much does RFMZ pay in dividends?
- $0.98 per share over the last twelve months, paid monthly. Special and one-off distributions are excluded from that figure because they do not recur.
- When is the next RFMZ ex-dividend date?
- The next ex-dividend date on record is October 16, 2026, with payment on October 30, 2026. You must own the shares before the ex-dividend date to receive that payment.