RiverNorth Opportunistic Municipal Income Fund (RMI) Dividend Calculator
RiverNorth Opportunistic Municipal Income Fund, Inc. · how much RMI pays you, by shares or dollars · updated
100 shares of RiverNorth Opportunistic Municipal Income Fund (RMI) pay $107.00 a year in dividends, about $8.90 each month, at the current monthly dividend of $0.0890 per share (as of Nov 5, 2026). At the $13.90 share price that is a 7.70% yield, so $10,000 buys about 719.4 shares and pays about $770 a year. To get the next payment, buy by Nov 13, 2026.
Per share, a year
$1.07
100 shares, a year
$107.00
$10,000 invested, a year
$769.78
Shares for $1,000 a month
11,215
RMI RiverNorth Opportunistic Municipal Income Fund, Inc.
$13.90 · $1.07/yr dividend · 7.59% yield · monthly
Annual income
$107.00
Monthly (average)
$8.92
Per payment (monthly)
$8.92
Dividend yield
7.70%
Yield on cost
—
Enter your cost
Position value
$1,390
Your payments over the next 12 months
Based on RMI's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 0.64% a year
Same shares, no reinvestment. Year 10: $113 · 10-year total: $1,101. Add reinvestment in the DRIP calculator →
How many RMI shares for a monthly income
Shares and money needed to earn each monthly amount from RiverNorth Opportunistic 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 | 1,122 | $15,596 |
| $250 a month | 2,804 | $38,976 |
| $500 a month | 5,608 | $77,951 |
| $1,000 a month | 11,215 | $155,889 |
| $2,000 a month | 22,430 | $311,777 |
| $5,000 a month | 56,075 | $779,443 |
What 100 shares of RMI paid each year
Holding 100 shares, you would have received $9.20 in 2018 and $114.00 in 2025, up 1139%, without buying another share. If the dividend kept growing 0.6% a year, its five-year pace, the same 100 shares would pay about $113 in year 10. That is a projection, not a promise.
When you get the next RMI dividend
Last day to buy
Nov 13, 2026
Ex-dividend date
Nov 16, 2026
Pay date
Nov 30, 2026
Buy RMI by the close on the last day to buy and you are paid $0.0890 per share on Nov 30, 2026. Buy on the ex-dividend date or later and the seller gets it. RMI ex-dividend dates →
How the RMI dividend is calculated
Yearly income = shares × $1.07
Each payment = shares × $0.0890
Shares for a monthly income = (monthly goal × 12) ÷ $1.07
The rate is RiverNorth Opportunistic Municipal Income Fund's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the RMI dividend safety grade before counting on it.
Key facts: RiverNorth Opportunistic Municipal Income Fund (RMI) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of RiverNorth Opportunistic Municipal Income Fund (RMI) pay $107.00 a year in dividends before tax, about $8.90 each month, at $1.07 per share a year.
- At its Nov 5, 2026 share price of $13.90, RMI yields 7.70%: $10,000 buys about 719.4 shares, which pay about $769.78 a year.
- Earning $1,000 a month ($12,000 a year) from RMI dividends alone takes about 11,215 shares, roughly $155,889 at today's price, before tax.
- 100 shares of RMI paid $9.20 in dividends in 2018 and $114.00 in 2025, up 1139%.
- The next RMI 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 Opportunistic Municipal Income Fund (RMI) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/RMI/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of RMI pay?
As of Nov 5, 2026, 100 shares of RiverNorth Opportunistic Municipal Income Fund (RMI) pay $107.00 a year in dividends before tax, about $8.90 each month, at $1.07 per share a year.
How much dividend does 1,000 shares of RMI pay?
About $1,070 a year before tax, or $89.00 each month, at RiverNorth Opportunistic Municipal Income Fund's current rate of $1.07 per share a year. Buying 1,000 shares costs about $13,900 at the Nov 5, 2026 price.
How many shares of RMI do I need to make $1,000 a month?
About 11,215 shares. $1,000 a month is $12,000 a year; divided by $1.07 a share, that's 11,215 shares, or about $155,889 at today's $13.90 price. Taxes in a regular brokerage account raise the number.
How much do I need to invest in RMI to make $100 a month?
About $15,589. $100 a month is $1,200 a year, and at a 7.70% yield that takes $15,589, or about 1,122 shares.
How often does RiverNorth Opportunistic Municipal Income Fund pay dividends?
RiverNorth Opportunistic Municipal Income Fund (RMI) pays every month, so you get 12 payments a year of about $0.0890 per share each.
How is the RMI dividend calculated?
Multiply your shares by the dividend per share. RiverNorth Opportunistic Municipal Income Fund pays about $1.07 per share a year, so each share earns $1.07 a year and $0.0890 each month. Shares bought on or after the ex-dividend date don't get the next payment.
Are RMI 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 RMI