# RiverNorth Managed Duration Municipal Income (RMM) — Dividends

RMM · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/rmm/dividends

## Dividend summary

| Metric | Value |
| --- | --- |
| Frequency | monthly |
| Trailing 12 months | $1.03 |
| Forward yield | 7.81% |
| 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](/instructions/learning/ex-dividend-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](/instructions/learning/dividend-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.

## Payment history

| Ex-date | Pay date | Amount per share |
| --- | --- | --- |
| Dec 15, 2026 | Dec 31, 2026 | $0.08 |
| Nov 16, 2026 | Nov 30, 2026 | $0.08 |
| Oct 15, 2026 | Oct 30, 2026 | $0.08 |
| Sep 15, 2026 | Sep 30, 2026 | $0.08 |
| Aug 14, 2026 | Aug 31, 2026 | $0.08 |
| Jul 15, 2026 | Jul 31, 2026 | $0.08 |
| Jun 15, 2026 | Jun 30, 2026 | $0.08 |
| May 15, 2026 | May 29, 2026 | $0.08 |
| Apr 15, 2026 | Apr 30, 2026 | $0.08 |
| Mar 16, 2026 | Mar 31, 2026 | $0.08 |
| Feb 13, 2026 | Feb 27, 2026 | $0.08 |
| Jan 15, 2026 | Jan 30, 2026 | $0.08 |
| Dec 15, 2025 | Dec 31, 2025 | $0.09 |
| Nov 14, 2025 | Nov 28, 2025 | $0.09 |
| Oct 15, 2025 | Oct 31, 2025 | $0.09 |
| Sep 15, 2025 | Sep 30, 2025 | $0.09 |
| Aug 15, 2025 | Aug 29, 2025 | $0.09 |
| Jul 15, 2025 | Jul 31, 2025 | $0.09 |
| Jun 13, 2025 | Jun 30, 2025 | $0.09 |
| May 15, 2025 | May 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 7.81% at the last price of $13.16. [Click here to learn more](https://www.lighthorse.io/instructions/learning/dividend-yield)

### 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](https://www.lighthorse.io/instructions/learning/ex-dividend-date)

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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.

Data provided by [AInvest](https://www.ainvest.com).