RMMZ Dividend
RiverNorth Managed Duration Municipal Income Fund II, Inc.
NYSEFinancial ServicesStockData as of
- Dividend yield
- 8.87%
- Annual dividend
- $1.17
- Payout ratio
- 0.66
- Frequency
- Monthly
- Share price
- $13.20
- Market cap
- $112M
Next payment
Ex-dividend date: Pay date: Amount: $0.0891
You must own the shares before the ex-dividend date to receive this payment.
Is RMMZ a good dividend stock?
What the data shows. These are observations, not recommendations — see the disclaimer at the foot of the page.
- Yield is far above the marketAt 8.87%, the yield is more than three times the median of 2.85% across US dividend payers. A yield rises when a share price falls, so an unusually high figure often reflects what the market expects rather than what management has promised.
- Dividend uses most of earningsA payout ratio of 0.66 leaves a narrower margin than the sub-0.60 range generally considered comfortable, though it remains within earnings.
- Dividend has been cut onceAcross 4 complete years, the annual total fell in 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.
RMMZ dividend history
Annual dividend per share, 2022 to 2025.
Recent dividend payments
| Ex-dividend date | Pay date | Amount | Type |
|---|---|---|---|
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0891 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0951 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0974 | Monthly | ||
| $0.0971 | Monthly | ||
| $0.0971 | Monthly | ||
| $0.0971 | Monthly |
How much would RMMZ pay you?
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Calculate RMMZ dividend income →RMMZ appears in
Other financial services dividend stocks
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- FGNF&G Annuities & Life, Inc.8.87%
- MPVBarings Participation Investors8.86%
- EVGEaton Vance Short Duration Diversified Income Fund8.88%
- NDMONuveen Dynamic Municipal Opportunities Fund8.83%
- IHDVoya Emerging Markets High Dividend Equity Fund8.91%
- MCIBarings Corporate Investors8.92%
- EMOClearBridge Energy Midstream Opportunity Fund Inc8.92%
- EODAllspring Global Dividend Opportunity Fund of Benef Interest8.93%
Frequently asked questions
- Does RMMZ pay a dividend?
- Yes. RiverNorth Managed Duration Municipal Income Fund II, Inc. pays a monthly dividend, currently yielding 8.87% based on trailing twelve-month payments of $1.17 per share.
- How much does RMMZ 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 RMMZ 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.