RMM Dividend History & Yield
Rivernorth Managed Duration Municipal Income Fund 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 | $0.0865 | $8.65 | Declared |
| Wed, Dec 16, 2026 (in 52 days) | Dec 30, 2026 | $0.086 | $8.60 | Estimated |
| Fri, Jan 15, 2027 (in 82 days) | Jan 29, 2027 | $0.086 | $8.60 | Estimated |
| Sun, Feb 14, 2027 (in 112 days) | Feb 28, 2027 | $0.086 | $8.60 | Estimated |
| Tue, Mar 16, 2027 (in 142 days) | Mar 30, 2027 | $0.086 | $8.60 | Estimated |
| Thu, Apr 15, 2027 (in 172 days) | Apr 29, 2027 | $0.086 | $8.60 | Estimated |
| Sat, May 15, 2027 (in 202 days) | May 29, 2027 | $0.086 | $8.60 | Estimated |
| Mon, Jun 14, 2027 (in 232 days) | Jun 28, 2027 | $0.086 | $8.60 | Estimated |
| Wed, Jul 14, 2027 (in 262 days) | Jul 28, 2027 | $0.086 | $8.60 | Estimated |
| Fri, Aug 13, 2027 (in 292 days) | Aug 27, 2027 | $0.086 | $8.60 | Estimated |
| Sun, Sep 12, 2027 (in 322 days) | Sep 26, 2027 | $0.086 | $8.60 | Estimated |
| Tue, Oct 12, 2027 (in 352 days) | Oct 26, 2027 | $0.086 | $8.60 | Estimated |
Estimated dates and amounts are projected from RMM's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.0325 per share.
Dividend payment history
Last 40 payments per share. RegularSpecial
Annual dividends per share
How much RMM do you need for monthly income?
| Target income | Shares needed | Capital at today's price | Per year |
|---|---|---|---|
| $100 / month | 1,163 | $15,453 | $1,200 |
| $500 / month | 5,814 | $77,267 | $6,000 |
| $1,000 / month | 11,628 | $154,535 | $12,000 |
Based on the forward yield of 7.77%. $10,000 in RMM would currently pay about $777 a year ($65 a month on average). Model reinvestment and growth →
RMM dividend history
| Ex-date | Pay date | Amount | Change |
|---|---|---|---|
| Oct 15, 2026 | — | $0.085 | +0.0% |
| Sep 15, 2026 | — | $0.085 | +0.0% |
| Aug 14, 2026 | — | $0.085 | +0.0% |
| Jul 15, 2026 | — | $0.085 | +0.0% |
| Jun 15, 2026 | — | $0.085 | +0.0% |
| May 15, 2026 | — | $0.085 | +0.0% |
| Apr 15, 2026 | — | $0.085 | +0.0% |
| Mar 16, 2026 | — | $0.085 | +0.0% |
| Feb 13, 2026 | — | $0.085 | +0.0% |
| Jan 15, 2026 | — | $0.085 | -6.6% |
| Dec 15, 2025 | — | $0.091 | +0.0% |
| Nov 14, 2025 | — | $0.091 | +0.0% |
| Oct 15, 2025 | — | $0.091 | +0.0% |
| Sep 15, 2025 | — | $0.091 | +0.0% |
| Aug 15, 2025 | — | $0.091 | +0.0% |
| Jul 15, 2025 | — | $0.091 | +0.0% |
| Jun 13, 2025 | — | $0.091 | +0.0% |
| May 15, 2025 | — | $0.091 | +0.0% |
| Apr 15, 2025 | — | $0.091 | +0.0% |
| Mar 14, 2025 | — | $0.091 | +0.0% |
| Feb 14, 2025 | — | $0.091 | +0.0% |
| Jan 15, 2025 | — | $0.091 | -1.1% |
| Dec 13, 2024 | — | $0.092 | +0.0% |
| Nov 15, 2024 | — | $0.092 | +0.0% |
| Oct 15, 2024 | — | $0.092 | +0.0% |
| Sep 13, 2024 | — | $0.092 | +0.0% |
| Aug 15, 2024 | — | $0.092 | +0.0% |
| Jul 15, 2024 | — | $0.092 | +0.0% |
| Jun 14, 2024 | — | $0.092 | +0.0% |
| May 14, 2024 | — | $0.092 | +0.0% |
| Apr 12, 2024 | — | $0.092 | +0.0% |
| Mar 14, 2024 | — | $0.092 | +0.0% |
| Feb 14, 2024 | — | $0.092 | +0.0% |
| Jan 12, 2024 | — | $0.092 | +1.1% |
| Dec 14, 2023 | — | $0.091 | +0.0% |
| Nov 14, 2023 | — | $0.091 | +0.0% |
| Oct 12, 2023 | — | $0.091 | +0.0% |
| Sep 14, 2023 | — | $0.091 | +0.0% |
| Aug 14, 2023 | — | $0.091 | +0.0% |
| Jul 13, 2023 | — | $0.091 | +0.0% |
| Jun 14, 2023 | — | $0.091 | +0.0% |
| May 12, 2023 | — | $0.091 | +0.0% |
| Apr 13, 2023 | — | $0.091 | +0.0% |
| Mar 14, 2023 | — | $0.091 | +0.0% |
| Feb 14, 2023 | — | $0.091 | +0.0% |
| Jan 12, 2023 | — | $0.091 | -2.2% |
| 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 | +1.1% |
| Dec 15, 2021 | — | $0.092 | +0.0% |
| Nov 10, 2021 | — | $0.092 | +0.0% |
| Oct 14, 2021 | — | $0.092 | +0.0% |
| Sep 15, 2021 | — | $0.092 | +0.0% |
| Aug 16, 2021 | — | $0.092 | +0.0% |
| Jul 15, 2021 | — | $0.092 | +0.0% |
| Jun 15, 2021 | — | $0.092 | +0.0% |
| May 13, 2021 | — | $0.092 | +0.0% |
| Apr 15, 2021 | — | $0.092 | +0.0% |
| Mar 16, 2021 | — | $0.092 | +0.0% |
| Feb 10, 2021 | — | $0.092 | +0.0% |
| Jan 14, 2021 | — | $0.092 | +0.0% |
| Dec 16, 2020 | — | $0.092 | +0.0% |
| Nov 12, 2020 | — | $0.092 | +0.0% |
| Oct 15, 2020 | — | $0.092 | +0.0% |
| Sep 15, 2020 | — | $0.092 | +0.0% |
| Aug 13, 2020 | — | $0.092 | +0.0% |
| Jul 16, 2020 | — | $0.092 | +0.0% |
| Jun 15, 2020 | — | $0.092 | +0.0% |
| May 14, 2020 | — | $0.092 | +0.0% |
| Apr 15, 2020 | — | $0.092 | +0.0% |
| Mar 16, 2020 | — | $0.092 | +0.0% |
| Feb 13, 2020 | — | $0.092 | +0.0% |
| Jan 16, 2020 | — | $0.092 | +0.0% |
| Dec 11, 2019 | — | $0.092 | +0.0% |
| Nov 13, 2019 | — | $0.092 | +0.0% |
| Oct 16, 2019 | — | $0.092 | +0.0% |
| Sep 11, 2019 | — | $0.092 | — |
RMM dividend increases & cuts
Market-wide changes →| Ex-date | Change | Old | New | Status |
|---|---|---|---|---|
| Jan 15, 2026 | Cut 6.6% | $0.091 | $0.085 | 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
RMM scores 10/100 on our yield-trap heuristic (low risk).
1 warning flag raised:
- Yield above 7%
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 Managed Duration Municipal Income Fund Inc.
Rivernorth Managed Duration Municipal Income Fund Inc. is a closed ended fixed income mutual fund launched and managed by RiverNorth Capital Management, LLC. The fund is co-managed by MacKay Shields LLC. It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal debt securities. It seeks to invest in securities of any maturity. The fund employs a combination of fundamental and quantitative analysis. It benchmarks the performance of its portfolio against the Bloomberg Barclays Municipal Bond Index. The fund employs proprietary research to create its portfolio. Rivernorth Managed Duration Municipal Income Fund Inc.
Sector: Financial Services. Industry: Asset Management. First dividend on our records: Sep 11, 2019. 86 payments tracked. Data last refreshed Oct 24, 2026. Spotted a mistake? Report it and we'll fix it.
RMM dividend FAQ
When is RMM's next ex-dividend date?
RMM'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 $0.0865 per share, expected on Nov 30, 2026.
How often does RMM pay dividends?
RMM pays dividends every month, 12 times a year. The most recent payment was $0.085 per share with an ex-date of Oct 15, 2026.
What is RMM's dividend yield?
RMM's trailing 12-month dividend yield is 7.77%, based on $1.032 per share paid over the last year and a share price of $13.29. The forward yield, using the indicated annual rate of $1.032 per share, is 7.77%.
How much does RMM pay per share?
RMM pays about $0.0865 per share each month, which works out to roughly $1.032 per share a year. 100 shares would collect about $103.20 a year.
Has RMM grown or cut its dividend?
Over the last 5 years the regular payout has shrunk at 1.3% a year (-5.7% over the last year). There has been no cut to a regular payment in the last 5 years.
How many shares of RMM do I need to earn $100 a month?
At the current forward yield of 7.77%, you would need about 1,163 shares of RMM (roughly $15,453 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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