RiverNorth Flexible Municipal Income Fund II, Inc.
RFMZFinancial Services · Stock · monthly payer
$13.35
Add to PortfolioForward Yield
7.47%
Annual Dividend
$1.00
Payout Ratio
1707%
5-Yr Growth
—
Ex-Date
Jun 15, 2026
Frequency
Monthly
RFMZ 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 RFMZ a good dividend stock?
MixedRiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) pays a monthly dividend yielding 7.47% ($1.00/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 2023
- Elevated payout ratio (1707%)
- Share price is down over the past 5 years
- Below-average dividend safety score
Key Data
- Dividend Yield
- 7.47%
- Payout Ratio
- 1707%
- Annual Dividend
- $1.00
- 5-Yr Avg Growth
- —
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $325.1M
- P/E Ratio
- 222.5
- 5-Yr Total Return
- -35%
- 52-Week Range
- $12.30 – $13.52
- Dividend Safety
- D · 46/100
- Ever Cut?
- Yes (2023)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0800 | regular |
| Apr 15, 2026 | — | $0.0800 | regular |
| Mar 16, 2026 | — | $0.0800 | regular |
| Feb 13, 2026 | — | $0.0800 | regular |
| Jan 15, 2026 | — | $0.0800 | regular |
| Dec 15, 2025 | — | $0.0860 | regular |
| Nov 14, 2025 | — | $0.0860 | regular |
| Oct 15, 2025 | — | $0.0860 | regular |
| Sep 15, 2025 | — | $0.0860 | regular |
| Aug 15, 2025 | — | $0.0860 | regular |
| Jul 15, 2025 | — | $0.0860 | regular |
| Jun 13, 2025 | — | $0.0860 | regular |
| May 15, 2025 | — | $0.0860 | regular |
| Apr 15, 2025 | — | $0.0860 | regular |
Income Calculator
At $1.00 / yr per share
