RFMZ Dividend History & Yield
RiverNorth Flexible Municipal Income Fund II, Inc. · NYSE
Upcoming dividend payments
| Ex-date | Pay date | Per share | Per 100 shares | Status |
|---|---|---|---|---|
| Mon, Nov 16, 2026 (in 22 days) | Nov 30, 2026 | $0.081 | $8.10 | Declared |
| Wed, Dec 16, 2026 (in 52 days) | Dec 30, 2026 | $0.081 | $8.10 | Estimated |
| Fri, Jan 15, 2027 (in 82 days) | Jan 29, 2027 | $0.081 | $8.10 | Estimated |
| Sun, Feb 14, 2027 (in 112 days) | Feb 28, 2027 | $0.081 | $8.10 | Estimated |
| Tue, Mar 16, 2027 (in 142 days) | Mar 30, 2027 | $0.081 | $8.10 | Estimated |
| Thu, Apr 15, 2027 (in 172 days) | Apr 29, 2027 | $0.081 | $8.10 | Estimated |
| Sat, May 15, 2027 (in 202 days) | May 29, 2027 | $0.081 | $8.10 | Estimated |
| Mon, Jun 14, 2027 (in 232 days) | Jun 28, 2027 | $0.081 | $8.10 | Estimated |
| Wed, Jul 14, 2027 (in 262 days) | Jul 28, 2027 | $0.081 | $8.10 | Estimated |
| Fri, Aug 13, 2027 (in 292 days) | Aug 27, 2027 | $0.081 | $8.10 | Estimated |
| Sun, Sep 12, 2027 (in 322 days) | Sep 26, 2027 | $0.081 | $8.10 | Estimated |
| Tue, Oct 12, 2027 (in 352 days) | Oct 26, 2027 | $0.081 | $8.10 | Estimated |
Estimated dates and amounts are projected from RFMZ's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $0.972 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much RFMZ do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 1,235 | $14,617 | $1,200 |
| $500 / month | 6,173 | $73,086 | $6,000 |
| $1,000 / month | 12,346 | $146,173 | $12,000 |
Based on the forward yield of 8.21%. $10,000 in RFMZ would currently pay about $821 a year ($68 a month on average). Model reinvestment and growth →
RFMZ dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Oct 15, 2026 | — | $0.08 | +0.0% |
| Sep 15, 2026 | — | $0.08 | +0.0% |
| Aug 14, 2026 | — | $0.08 | +0.0% |
| Jul 15, 2026 | — | $0.08 | +0.0% |
| Jun 15, 2026 | — | $0.08 | +0.0% |
| May 15, 2026 | — | $0.08 | +0.0% |
| Apr 15, 2026 | — | $0.08 | +0.0% |
| Mar 16, 2026 | — | $0.08 | +0.0% |
| Feb 13, 2026 | — | $0.08 | +0.0% |
| Jan 15, 2026 | — | $0.08 | -7.0% |
| Dec 15, 2025 | — | $0.086 | +0.0% |
| Nov 14, 2025 | — | $0.086 | +0.0% |
| Oct 15, 2025 | — | $0.086 | +0.0% |
| Sep 15, 2025 | — | $0.086 | +0.0% |
| Aug 15, 2025 | — | $0.086 | +0.0% |
| Jul 15, 2025 | — | $0.086 | +0.0% |
| Jun 13, 2025 | — | $0.086 | +0.0% |
| May 15, 2025 | — | $0.086 | +0.0% |
| Apr 15, 2025 | — | $0.086 | +0.0% |
| Mar 14, 2025 | — | $0.086 | +0.0% |
| Feb 14, 2025 | — | $0.086 | +0.0% |
| Jan 15, 2025 | — | $0.086 | -1.1% |
| Dec 13, 2024 | — | $0.087 | +0.0% |
| Nov 15, 2024 | — | $0.087 | +0.0% |
| Oct 15, 2024 | — | $0.087 | +0.0% |
| Sep 13, 2024 | — | $0.087 | +0.0% |
| Aug 15, 2024 | — | $0.087 | +0.0% |
| Jul 15, 2024 | — | $0.087 | +0.0% |
| Jun 14, 2024 | — | $0.087 | +0.0% |
| May 14, 2024 | — | $0.087 | +0.0% |
| Apr 12, 2024 | — | $0.087 | +0.0% |
| Mar 14, 2024 | — | $0.087 | +0.0% |
| Feb 14, 2024 | — | $0.087 | +0.0% |
| Jan 12, 2024 | — | $0.087 | +0.0% |
| Dec 14, 2023 | — | $0.087 | +0.0% |
| Nov 14, 2023 | — | $0.087 | +0.0% |
| Oct 12, 2023 | — | $0.087 | +0.0% |
| Sep 14, 2023 | — | $0.087 | +0.0% |
| Aug 14, 2023 | — | $0.087 | +0.0% |
| Jul 13, 2023 | — | $0.087 | +0.0% |
| Jun 14, 2023 | — | $0.087 | +0.0% |
| May 12, 2023 | — | $0.087 | +0.0% |
| Apr 13, 2023 | — | $0.087 | +0.0% |
| Mar 14, 2023 | — | $0.087 | +0.0% |
| Feb 14, 2023 | — | $0.087 | +0.0% |
| Jan 12, 2023 | — | $0.087 | +117.5% |
| Dec 22, 2022 | — | $0.04 | -57.0% |
| Dec 14, 2022 | — | $0.093 | +0.0% |
| Nov 14, 2022 | — | $0.093 | +0.0% |
| Oct 13, 2022 | — | $0.093 | +0.0% |
| Sep 15, 2022 | — | $0.093 | +0.0% |
| Aug 16, 2022 | — | $0.093 | +0.0% |
| Jul 14, 2022 | — | $0.093 | +0.0% |
| Jun 15, 2022 | — | $0.093 | +0.0% |
| May 12, 2022 | — | $0.093 | +0.0% |
| Apr 13, 2022 | — | $0.093 | +0.0% |
| Mar 16, 2022 | — | $0.093 | +0.0% |
| Feb 10, 2022 | — | $0.093 | +0.0% |
| Jan 13, 2022 | — | $0.093 | -7.0% |
| Dec 15, 2021 | — | $0.10 | +0.0% |
| Nov 10, 2021 | — | $0.10 | +0.0% |
| Oct 14, 2021 | — | $0.10 | +0.0% |
| Sep 15, 2021 | — | $0.10 | +0.0% |
| Aug 16, 2021 | — | $0.10 | +0.0% |
| Jul 15, 2021 | — | $0.10 | +0.0% |
| Jun 15, 2021 | — | $0.10 | +0.0% |
| May 13, 2021 | — | $0.10 | +0.0% |
| Apr 15, 2021 | — | $0.10 | — |
RFMZ dividend increases & cuts
Market-wide changes →| Ex-date | Change | Old | New | Status |
|---|---|---|---|---|
| Jan 15, 2026 | Cut 7.0% | $0.086 | $0.08 | Paid |
Detected from the regular payment stream; supplemental and special dividends are excluded. Pro members get an email the morning a holding raises or cuts.
Payout risk check
RFMZ scores 30/100 on our yield-trap heuristic (moderate risk).
2 warning flags raised:
- Yield above 7%
- Payment was cut within the last 5 years
This is a rule-based screen computed from public data, not a rating or a recommendation. Read our guide to yield traps for what the signals mean.
About RiverNorth Flexible Municipal Income Fund II, Inc.
Sector: Financial Services. Industry: Asset Management. First dividend on our records: Apr 15, 2021. 68 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.
RFMZ dividend FAQ
When is RFMZ's next ex-dividend date?
RFMZ's next ex-dividend date is Nov 16, 2026 (in 22 days, declared by the company). You must own the shares before that date to receive the payment of about $0.081 per share, expected on Nov 30, 2026.
How often does RFMZ pay dividends?
RFMZ pays dividends every month, 12 times a year. The most recent payment was $0.08 per share with an ex-date of Oct 15, 2026.
What is RFMZ's dividend yield?
RFMZ's trailing 12-month dividend yield is 8.21%, based on $0.972 per share paid over the last year and a share price of $11.84. The forward yield, using the indicated annual rate of $0.972 per share, is 8.21%.
How much does RFMZ pay per share?
RFMZ pays about $0.081 per share each month, which works out to roughly $0.972 per share a year. 100 shares would collect about $97.20 a year.
Has RFMZ grown or cut its dividend?
Over the last 3 years the regular payout changed -3.9% a year. RFMZ did cut a regular payment within the last 5 years.
How many shares of RFMZ do I need to earn $100 a month?
At the current forward yield of 8.21%, you would need about 1,235 shares of RFMZ (roughly $14,617 invested at today's price) to collect $1,200 a year, or $100 a month on average, before taxes. Payments arrive every month, so the monthly figure is an average.
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