RiverNorth Flexible Municipal Income Fund, Inc.
RFMFinancial Services · Stock · monthly payer
$14.63
Add to PortfolioForward Yield
7.47%
Annual Dividend
$1.09
Payout Ratio
1247%
5-Yr Growth
-2.0%
Ex-Date
Jun 15, 2026
Frequency
Monthly
RFM Dividend Safety Score
Risky
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is RFM a good dividend stock?
MixedRiverNorth Flexible Municipal Income Fund, Inc. (RFM) pays a monthly dividend yielding 7.47% ($1.09/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2024
- Elevated payout ratio (1247%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 7.47%
- Payout Ratio
- 1247%
- Annual Dividend
- $1.09
- 5-Yr Avg Growth
- -2.0%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $89.5M
- P/E Ratio
- 162.5
- 5-Yr Total Return
- -38%
- 52-Week Range
- $13.68 – $14.90
- Dividend Safety
- D · 45/100
- Ever Cut?
- Yes (2024)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0880 | regular |
| Apr 15, 2026 | — | $0.0880 | regular |
| Mar 16, 2026 | — | $0.0880 | regular |
| Feb 13, 2026 | — | $0.0880 | regular |
| Jan 15, 2026 | — | $0.0880 | regular |
| Dec 15, 2025 | — | $0.0940 | regular |
| Nov 14, 2025 | — | $0.0940 | regular |
| Oct 15, 2025 | — | $0.0940 | regular |
| Sep 15, 2025 | — | $0.0940 | regular |
| Aug 15, 2025 | — | $0.0940 | regular |
| Jul 15, 2025 | — | $0.0940 | regular |
| Jun 13, 2025 | — | $0.0940 | regular |
| May 15, 2025 | — | $0.0940 | regular |
| Apr 15, 2025 | — | $0.0940 | regular |
Income Calculator
At $1.09 / yr per share
