Rivernorth Managed Duration Municipal Income Fund Inc.
RMMFinancial Services · Stock · monthly payer
$14.44
Add to PortfolioForward Yield
7.28%
Annual Dividend
$1.05
Payout Ratio
569%
5-Yr Growth
-0.2%
Ex-Date
Jun 15, 2026
Frequency
Monthly
RMM Dividend Safety Score
63/ 100
Grade C
Borderline
Dividend-growth streak0 consecutive years of growth
Cut historyNever cut its dividend on record
Earnings payout coverage569% of earnings paid out
Yield vs its historyYield in line with its history
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 RMM a good dividend stock?
Yes, with caveatsRivernorth Managed Duration Municipal Income Fund Inc. (RMM) pays a monthly dividend yielding 7.28% ($1.05/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
- Never cut its dividend on record
Risks
- Elevated payout ratio (569%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 7.28%
- Payout Ratio
- 569%
- Annual Dividend
- $1.05
- 5-Yr Avg Growth
- -0.2%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $285.0M
- P/E Ratio
- 76.0
- 5-Yr Total Return
- -29%
- 52-Week Range
- $13.28 – $14.88
- Dividend Safety
- C · 63/100
- Ever Cut?
- No
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0850 | regular |
| Apr 15, 2026 | — | $0.0850 | regular |
| Mar 16, 2026 | — | $0.0850 | regular |
| Feb 13, 2026 | — | $0.0850 | regular |
| Jan 15, 2026 | — | $0.0850 | regular |
| Dec 15, 2025 | — | $0.0910 | regular |
| Nov 14, 2025 | — | $0.0910 | regular |
| Oct 15, 2025 | — | $0.0910 | regular |
| Sep 15, 2025 | — | $0.0910 | regular |
| Aug 15, 2025 | — | $0.0910 | regular |
| Jul 15, 2025 | — | $0.0910 | regular |
| Jun 13, 2025 | — | $0.0910 | regular |
| May 15, 2025 | — | $0.0910 | regular |
| Apr 15, 2025 | — | $0.0910 | regular |
Income Calculator
At $1.05 / yr per share
Per payment (monthly)$8.75
Annual$105.00
Monthly avg$8.75
