RiverNorth Flexible Municipal Income Fund (RFM) Dividend Calculator
RiverNorth Flexible Municipal Income Fund, Inc. · how much RFM pays you, by shares or dollars · updated
100 shares of RiverNorth Flexible Municipal Income Fund (RFM) pay $106.00 a year in dividends, about $8.80 each month, at the current monthly dividend of $0.0880 per share (as of Nov 5, 2026). At the $13.50 share price that is a 7.85% yield, so $10,000 buys about 741 shares and pays about $785 a year. To get the next payment, buy by Nov 13, 2026.
Per share, a year
$1.06
100 shares, a year
$106.00
$10,000 invested, a year
$785.48
Shares for $1,000 a month
11,321
RFM RiverNorth Flexible Municipal Income Fund, Inc.
$13.50 · $1.06/yr dividend · 7.81% yield · monthly
Annual income
$106.00
Monthly (average)
$8.83
Per payment (monthly)
$8.83
Dividend yield
7.85%
Yield on cost
—
Enter your cost
Position value
$1,350
Your payments over the next 12 months
Based on RFM's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 0% a year
Same shares, no reinvestment. Year 10: $106 · 10-year total: $1,060. Add reinvestment in the DRIP calculator →
How many RFM shares for a monthly income
Shares and money needed to earn each monthly amount from RiverNorth Flexible Municipal Income Fund dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.
| Monthly income | Shares needed | Cost today |
|---|---|---|
| $100 a month | 1,133 | $15,290 |
| $250 a month | 2,831 | $38,204 |
| $500 a month | 5,661 | $76,395 |
| $1,000 a month | 11,321 | $152,777 |
| $2,000 a month | 22,642 | $305,554 |
| $5,000 a month | 56,604 | $763,871 |
What 100 shares of RFM paid each year
Holding 100 shares, you would have received $110.70 in 2020 and $112.80 in 2025, up 2%, without buying another share.
When you get the next RFM dividend
Last day to buy
Nov 13, 2026
Ex-dividend date
Nov 16, 2026
Pay date
Nov 30, 2026
Buy RFM by the close on the last day to buy and you are paid $0.0880 per share on Nov 30, 2026. Buy on the ex-dividend date or later and the seller gets it. RFM ex-dividend dates →
How the RFM dividend is calculated
Yearly income = shares × $1.06
Each payment = shares × $0.0880
Shares for a monthly income = (monthly goal × 12) ÷ $1.06
The rate is RiverNorth Flexible Municipal Income Fund's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the RFM dividend safety grade before counting on it.
Key facts: RiverNorth Flexible Municipal Income Fund (RFM) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of RiverNorth Flexible Municipal Income Fund (RFM) pay $106.00 a year in dividends before tax, about $8.80 each month, at $1.06 per share a year.
- At its Nov 5, 2026 share price of $13.50, RFM yields 7.85%: $10,000 buys about 741 shares, which pay about $785.48 a year.
- Earning $1,000 a month ($12,000 a year) from RFM dividends alone takes about 11,321 shares, roughly $152,777 at today's price, before tax.
- 100 shares of RFM paid $110.70 in dividends in 2020 and $112.80 in 2025, up 2%.
- The next RFM dividend goes ex-dividend on Nov 16, 2026 and is paid on Nov 30, 2026; the last day to buy shares and receive it is Nov 13, 2026.
Cite this page
SmarterDividends, "RiverNorth Flexible Municipal Income Fund (RFM) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/RFM/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of RFM pay?
As of Nov 5, 2026, 100 shares of RiverNorth Flexible Municipal Income Fund (RFM) pay $106.00 a year in dividends before tax, about $8.80 each month, at $1.06 per share a year.
How much dividend does 1,000 shares of RFM pay?
About $1,060 a year before tax, or $88.00 each month, at RiverNorth Flexible Municipal Income Fund's current rate of $1.06 per share a year. Buying 1,000 shares costs about $13,495 at the Nov 5, 2026 price.
How many shares of RFM do I need to make $1,000 a month?
About 11,321 shares. $1,000 a month is $12,000 a year; divided by $1.06 a share, that's 11,321 shares, or about $152,777 at today's $13.50 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in RFM to make $100 a month?
About $15,277. $100 a month is $1,200 a year, and at a 7.85% yield that takes $15,277, or about 1,133 shares.
How often does RiverNorth Flexible Municipal Income Fund pay dividends?
RiverNorth Flexible Municipal Income Fund (RFM) pays every month, so you get 12 payments a year of about $0.0880 per share each.
How is the RFM dividend calculated?
Multiply your shares by the dividend per share. RiverNorth Flexible Municipal Income Fund pays about $1.06 per share a year, so each share earns $1.06 a year and $0.0880 each month. Shares bought on or after the ex-dividend date don't get the next payment.
Are RFM dividends taxed?
In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.
Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to RFM