RiverNorth Managed Duration Municipal Income Fund II (RMMZ) Dividend Calculator
RiverNorth Managed Duration Municipal Income Fund II, Inc. · how much RMMZ pays you, by shares or dollars · updated
100 shares of RiverNorth Managed Duration Municipal Income Fund II (RMMZ) 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
RMMZ RiverNorth Managed Duration Municipal Income Fund II, Inc.
$13.90 · $1.07/yr dividend · 7.64% 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 RMMZ's actual pay dates over the past year
Income over 10 years if the dividend keeps growing 4% a year
Same shares, no reinvestment. Year 10: $152 · 10-year total: $1,285. Add reinvestment in the DRIP calculator →
How many RMMZ shares for a monthly income
Shares and money needed to earn each monthly amount from RiverNorth Managed Duration Municipal Income Fund II 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 RMMZ paid each year
Holding 100 shares, you would have received $104.00 in 2022 and $114.00 in 2025, up 10%, without buying another share.
When you get the next RMMZ dividend
Last day to buy
Nov 13, 2026
Ex-dividend date
Nov 16, 2026
Pay date
Nov 30, 2026
Buy RMMZ 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. RMMZ ex-dividend dates →
How the RMMZ 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 Managed Duration Municipal Income Fund II's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the RMMZ dividend safety grade before counting on it.
Key facts: RiverNorth Managed Duration Municipal Income Fund II (RMMZ) dividend income
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, 100 shares of RiverNorth Managed Duration Municipal Income Fund II (RMMZ) 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, RMMZ 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 RMMZ dividends alone takes about 11,215 shares, roughly $155,889 at today's price, before tax.
- 100 shares of RMMZ paid $104.00 in dividends in 2022 and $114.00 in 2025, up 10%.
- The next RMMZ 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 Managed Duration Municipal Income Fund II (RMMZ) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/RMMZ/dividend-calculator
Frequently asked questions
How much dividend does 100 shares of RMMZ pay?
As of Nov 5, 2026, 100 shares of RiverNorth Managed Duration Municipal Income Fund II (RMMZ) 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 RMMZ pay?
About $1,070 a year before tax, or $89.00 each month, at RiverNorth Managed Duration Municipal Income Fund II'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 RMMZ 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 RMMZ 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 Managed Duration Municipal Income Fund II pay dividends?
RiverNorth Managed Duration Municipal Income Fund II (RMMZ) pays every month, so you get 12 payments a year of about $0.0890 per share each.
How is the RMMZ dividend calculated?
Multiply your shares by the dividend per share. RiverNorth Managed Duration Municipal Income Fund II 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 RMMZ 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 RMMZ