RMI Dividend
RiverNorth Opportunistic Municipal Income Fund, Inc.
NYSEFinancial ServicesStockData as of
- Dividend yield
- 7.43%
- Annual dividend
- $1.17
- Payout ratio
- 0.61
- Frequency
- Monthly
- Share price
- $15.71
- Market cap
- $100M
Next payment
Ex-dividend date: Pay date: Amount: $0.0889
You must own the shares before the ex-dividend date to receive this payment.
Is RMI 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 median7.43% against a median of 2.84% across US dividend payers.
- Dividend uses most of earningsA payout ratio of 0.61 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
- Dividend has been cut 3 timesAcross 8 complete years, the annual total fell in 2023, 2024, 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.
RMI dividend history
Annual dividend per share, 2018 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0889 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0945 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0965 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly |
How much would RMI pay you?
Enter an amount and see the income this dividend would produce — per year, per payment and per month.
Calculate RMI dividend income →RMI appears in
Other financial services dividend stocks
Closest to RMI on yield.
- AFGEAmerican Financial Group, Inc.7.42%
- ACP-PAAbrdn Income Credit Strategies Fund7.45%
- MUABlackRock MuniAssets Fund, Inc.7.46%
- TWNThe Taiwan Fund, Inc.7.38%
- NMTNuveen Massachusetts Quality Municipal Income Fund7.38%
- VPVInvesco Pennsylvania Value Municipal Income Trust7.48%
- KYNKayne Anderson Energy Infrastructure Fund Inc.7.48%
- VINPVinci Compass Investments Ltd.7.49%
Frequently asked questions
- Does RMI pay a dividend?
- Yes. RiverNorth Opportunistic Municipal Income Fund, Inc. pays a monthly dividend, currently yielding 7.43% based on trailing twelve-month payments of $1.17 per share.
- How much does RMI pay in dividends?
- $1.17 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 RMI ex-dividend date?
- The next ex-dividend date on record is November 16, 2026, with payment on November 30, 2026. You must own the shares before the ex-dividend date to receive that payment.