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RMM Dividend

Rivernorth Managed Duration Municipal Income Fund Inc.

NYSEFinancial ServicesStockData as of
Dividend yield
7.18%
Annual dividend
$1.05
Payout ratio
-1.68
Frequency
Monthly
Share price
$14.56
Market cap
$287M

Next payment

Ex-dividend date: Pay date: Amount: $0.0847

You must own the shares before the ex-dividend date to receive this payment.

Is RMM 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 median7.18% against a median of 2.78% across US dividend payers.
  • Earnings are negativeA payout ratio of -1.68 means the company is paying a dividend while reporting a loss. That can be funded from cash or borrowing for a time, but not from profits.
  • Dividend has been cut 2 timesAcross 7 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.

RMM dividend history

Annual dividend per share, 2019 to 2025.

2019202120232025
Peak $1.11 in 2022Year the total fellTypical payment × payments that year, split-adjusted, excluding special and one-off distributions. Robust to duplicate records in the source data. The current year is omitted while incomplete.

Recent dividend payments

The last 40 dividend payments for RMM, most recent first.
Ex-dividend datePay dateAmountType
$0.0847Monthly
$0.0847Monthly
$0.0847Monthly
$0.0847Monthly
$0.0847Monthly
$0.0847Monthly
$0.0847Monthly
$0.0847Monthly
$0.0847Monthly
$0.0847Monthly
$0.0905Monthly
$0.0905Monthly
$0.0905Monthly
$0.0905Monthly
$0.0905Monthly
$0.0905Monthly
$0.0905Monthly
$0.0905Monthly
$0.0905Monthly
$0.0905Monthly
$0.0905Monthly
$0.0905Monthly
$0.0916Monthly
$0.0916Monthly
$0.0916Monthly
$0.0916Monthly
$0.0916Monthly
$0.0916Monthly
$0.0916Monthly
$0.0916Monthly
$0.0916Monthly
$0.0916Monthly
$0.0916Monthly
$0.0916Monthly
$0.0911Monthly
$0.0911Monthly
$0.0911Monthly
$0.0911Monthly
$0.0911Monthly
$0.0911Monthly

How much would RMM pay you?

Enter an amount and see the income this dividend would produce — per year, per payment and per month.

Calculate RMM dividend income →

RMM appears in

Frequently asked questions

Does RMM pay a dividend?
Yes. Rivernorth Managed Duration Municipal Income Fund Inc. pays a monthly dividend, currently yielding 7.18% based on trailing twelve-month payments of $1.05 per share.
How much does RMM pay in dividends?
$1.05 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 RMM ex-dividend date?
The next ex-dividend date on record is August 14, 2026, with payment on August 31, 2026. You must own the shares before the ex-dividend date to receive that payment.