RiverNorth Managed Duration Municipal Income
RMM

RiverNorth Managed Duration Municipal Income (RMM) dividend history and yield

Dividend summary

Frequency
Monthly
Trailing 12 months
$1.03
Forward yield
7.92%
Payout ratio
—
Growth streak
—

RiverNorth Managed Duration Municipal Income pays a monthly dividend of $0.08 per share. Its most recent paid dividend had an ex-date of September 15, 2026 and was paid on September 30, 2026. Three more payments of $0.08 are already declared, with ex-dates of October 15, November 16 and December 15, 2026. Over the trailing twelve months, it paid $1.03 per share, a yield of about 8.14% at a share price of $12.70.

The table covers payments with ex-dates from May 2025 onward. From May through December 2025, each monthly payment was $0.09 per share. Starting with the January 2026 payment, the amount has been $0.08, about 11% lower, and it has stayed there for every payment since, including the three declared ones. The source gives no growth streak.

The payment calendar is regular. Ex-dates fall around the 15th of each month and payment follows at the end of the same month. The last declared payment goes ex-dividend on December 15, 2026 and is payable on December 31, 2026. If the monthly pattern holds, the one after that would go ex-dividend in mid-January 2027 and be paid at the end of January.

Dividend per share by year

2026
$1.02
2025
$1.09
2024
$1.10
2023
$1.09
2022
$1.11
2021
$1.10
2020
$1.10

Dividend history

DeclaredEx-dividend datePay dateAmount
Oct 1, 2026Dec 15, 2026Dec 31, 2026$0.08
Oct 1, 2026Nov 16, 2026Nov 30, 2026$0.08
Jul 1, 2026Oct 15, 2026Oct 30, 2026$0.08
Jul 1, 2026Sep 15, 2026Sep 30, 2026$0.08
Jul 1, 2026Aug 14, 2026Aug 31, 2026$0.08
Jul 1, 2026Jul 15, 2026Jul 31, 2026$0.08
Apr 1, 2026Jun 15, 2026Jun 30, 2026$0.08
Apr 1, 2026May 15, 2026May 29, 2026$0.08
Apr 1, 2026Apr 15, 2026Apr 30, 2026$0.08
Jan 2, 2026Mar 16, 2026Mar 31, 2026$0.08
Jan 2, 2026Feb 13, 2026Feb 27, 2026$0.08
Jan 2, 2026Jan 15, 2026Jan 30, 2026$0.08
Oct 1, 2025Dec 15, 2025Dec 31, 2025$0.09
Oct 1, 2025Nov 14, 2025Nov 28, 2025$0.09
Oct 1, 2025Oct 15, 2025Oct 31, 2025$0.09
Jul 1, 2025Sep 15, 2025Sep 30, 2025$0.09
Jul 1, 2025Aug 15, 2025Aug 29, 2025$0.09
Jul 1, 2025Jul 15, 2025Jul 31, 2025$0.09
Apr 1, 2025Jun 13, 2025Jun 30, 2025$0.09
Apr 1, 2025May 15, 2025May 30, 2025$0.09

Frequently asked questions

  • Does RiverNorth Managed Duration Municipal Income (RMM) pay a dividend?

    Yes. RiverNorth Managed Duration Municipal Income pays a monthly dividend; the most recent payment was $0.08 per share.

  • What is RMM's dividend yield?

    RiverNorth Managed Duration Municipal Income paid $1.03 per share over the trailing twelve months, a yield of 7.92% at the last price of $13.05. Click here to learn more

  • When is RMM's next ex-dividend date?

    RiverNorth Managed Duration Municipal Income's next ex-dividend date is Dec 15, 2026, payable on Dec 31, 2026.

  • What is the difference between ex and payment dates?

    An ex-date is the cutoff day for ownership, the payment date is when the distribution actually happens. Click here to learn more

Dividend amounts and dates are supplied by third parties and may be revised. Declaring, raising, cutting or suspending a dividend is entirely at the issuer’s discretion, and scheduled dates are estimates until declared. A past record of payments does not mean future payments will be made. Nothing here suggests trading around a distribution.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

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