RMMZ Dividend History & Yield

RiverNorth Managed Duration Municipal Income Fund II, Inc. · NYSE

Stock Financial Services Monthly payer High yield
$14.50
-0.10% today
as of Sep 9, 2026
TTM yield
7.53%
$1.092/share over the last 12 months
Forward yield
7.53%
$1.092/share indicated annual rate
Annual dividend
$1.092
per share, forward
Per payment
$0.091
per share, every month
Frequency
Monthly
12 payments a year
Next ex-dividend date
Sep 15, 2026 Declared
in 6 days
Next pay date
Sep 29, 2026
in 20 days
Last ex-dividend date
Aug 14, 2026
$0.089 per share
Payout ratio
n/a
not available
Market cap
122.6M
P/E 181.3
3y dividend CAGR
-2.9%
annualised (too young for 5y)
Growth streak
0 yrs
no current streak
Years paying
4.5
since Mar 16, 2022
1y total return
+6.6%
price -0.9% + dividends 7.5%

Upcoming dividend payments

Ex-datePay datePer sharePer 100 sharesStatus
Tue, Sep 15, 2026 (in 6 days) Sep 29, 2026 $0.091 $9.10 Declared
Thu, Oct 15, 2026 (in 36 days) Oct 29, 2026 $0.091 $9.10 Estimated
Sat, Nov 14, 2026 (in 66 days) Nov 28, 2026 $0.091 $9.10 Estimated
Mon, Dec 14, 2026 (in 96 days) Dec 28, 2026 $0.091 $9.10 Estimated
Wed, Jan 13, 2027 (in 126 days) Jan 27, 2027 $0.091 $9.10 Estimated
Fri, Feb 12, 2027 (in 156 days) Feb 26, 2027 $0.091 $9.10 Estimated
Sun, Mar 14, 2027 (in 186 days) Mar 28, 2027 $0.091 $9.10 Estimated
Tue, Apr 13, 2027 (in 216 days) Apr 27, 2027 $0.091 $9.10 Estimated
Thu, May 13, 2027 (in 246 days) May 27, 2027 $0.091 $9.10 Estimated
Sat, Jun 12, 2027 (in 276 days) Jun 26, 2027 $0.091 $9.10 Estimated
Mon, Jul 12, 2027 (in 306 days) Jul 26, 2027 $0.091 $9.10 Estimated
Wed, Aug 11, 2027 (in 336 days) Aug 25, 2027 $0.091 $9.10 Estimated

Estimated dates and amounts are projected from RMMZ's recent payment pattern and will be replaced by declared figures when the company announces them. Total over the next 12 months: about $1.183 per share.

Dividend payment history

Last 40 payments per share. RegularSpecial

Last 40 payments per share from May 12, 2023 to Aug 14, 2026; most recent $0.089$0.00$0.06$0.12May 12, 2023: $0.097May '23Jun 14, 2023: $0.097Jul 13, 2023: $0.097Aug 14, 2023: $0.097Sep 14, 2023: $0.097Oct 12, 2023: $0.097Oct '23Nov 14, 2023: $0.097Dec 14, 2023: $0.097Jan 12, 2024: $0.097Feb 14, 2024: $0.097Mar 14, 2024: $0.097Mar '24Apr 12, 2024: $0.097May 14, 2024: $0.097Jun 14, 2024: $0.097Jul 15, 2024: $0.097Aug 15, 2024: $0.097Aug '24Sep 13, 2024: $0.097Oct 15, 2024: $0.097Nov 15, 2024: $0.097Dec 13, 2024: $0.097Jan 15, 2025: $0.095Jan '25Feb 14, 2025: $0.095Mar 14, 2025: $0.095Apr 15, 2025: $0.095May 15, 2025: $0.095Jun 13, 2025: $0.095Jun '25Jul 15, 2025: $0.095Aug 15, 2025: $0.095Sep 15, 2025: $0.095Oct 15, 2025: $0.095Nov 14, 2025: $0.095Nov '25Dec 15, 2025: $0.095Jan 15, 2026: $0.089Feb 13, 2026: $0.089Mar 16, 2026: $0.089Apr 15, 2026: $0.089Apr '26May 15, 2026: $0.089Jun 15, 2026: $0.089Jul 15, 2026: $0.089Aug 14, 2026: $0.089

Annual dividends per share

Annual dividend per share by calendar year, 2022 to 2026 (year to date)$0.00$0.75$1.502022: $1.04$1.0420222023: $1.164$1.16420232024: $1.164$1.16420242025: $1.14$1.1420252026 (YTD): $0.712$0.7122026 YTD

How much RMMZ do you need for monthly income?

Target incomeShares neededCapital at today's pricePer year
$100 / month1,099$15,934$1,200
$500 / month5,495$79,671$6,000
$1,000 / month10,990$159,342$12,000

Based on the forward yield of 7.53%. $10,000 in RMMZ would currently pay about $753 a year ($63 a month on average). Model reinvestment and growth →

RMMZ dividend history

Show recent only Download CSV
Ex-datePay dateAmountChange
Aug 14, 2026 $0.089 +0.0%
Jul 15, 2026 $0.089 +0.0%
Jun 15, 2026 $0.089 +0.0%
May 15, 2026 $0.089 +0.0%
Apr 15, 2026 $0.089 +0.0%
Mar 16, 2026 $0.089 +0.0%
Feb 13, 2026 $0.089 +0.0%
Jan 15, 2026 $0.089 -6.3%
Dec 15, 2025 $0.095 +0.0%
Nov 14, 2025 $0.095 +0.0%
Oct 15, 2025 $0.095 +0.0%
Sep 15, 2025 $0.095 +0.0%
Aug 15, 2025 $0.095 +0.0%
Jul 15, 2025 $0.095 +0.0%
Jun 13, 2025 $0.095 +0.0%
May 15, 2025 $0.095 +0.0%
Apr 15, 2025 $0.095 +0.0%
Mar 14, 2025 $0.095 +0.0%
Feb 14, 2025 $0.095 +0.0%
Jan 15, 2025 $0.095 -2.1%
Dec 13, 2024 $0.097 +0.0%
Nov 15, 2024 $0.097 +0.0%
Oct 15, 2024 $0.097 +0.0%
Sep 13, 2024 $0.097 +0.0%
Aug 15, 2024 $0.097 +0.0%
Jul 15, 2024 $0.097 +0.0%
Jun 14, 2024 $0.097 +0.0%
May 14, 2024 $0.097 +0.0%
Apr 12, 2024 $0.097 +0.0%
Mar 14, 2024 $0.097 +0.0%
Feb 14, 2024 $0.097 +0.0%
Jan 12, 2024 $0.097 +0.0%
Dec 14, 2023 $0.097 +0.0%
Nov 14, 2023 $0.097 +0.0%
Oct 12, 2023 $0.097 +0.0%
Sep 14, 2023 $0.097 +0.0%
Aug 14, 2023 $0.097 +0.0%
Jul 13, 2023 $0.097 +0.0%
Jun 14, 2023 $0.097 +0.0%
May 12, 2023 $0.097 +0.0%
Apr 13, 2023 $0.097 +0.0%
Mar 14, 2023 $0.097 +0.0%
Feb 14, 2023 $0.097 +0.0%
Jan 12, 2023 $0.097 -6.7%
Dec 14, 2022 $0.104 +0.0%
Nov 14, 2022 $0.104 +0.0%
Oct 13, 2022 $0.104 +0.0%
Sep 15, 2022 $0.104 +0.0%
Aug 16, 2022 $0.104 +0.0%
Jul 14, 2022 $0.104 +0.0%
Jun 15, 2022 $0.104 +0.0%
May 12, 2022 $0.104 +0.0%
Apr 13, 2022 $0.104 +0.0%
Mar 16, 2022 $0.104

RMMZ dividend increases & cuts

Market-wide changes →
Ex-dateChangeOldNewStatus
Jan 15, 2026 Cut 6.3% $0.095 $0.089 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

Yield-trap heuristicLow risk

RMMZ 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 II, Inc.

Sector: Financial Services. Industry: Asset Management. First dividend on our records: Mar 16, 2022. 54 payments tracked. Data last refreshed Sep 9, 2026. Spotted a mistake? Report it and we'll fix it.

RMMZ dividend FAQ

When is RMMZ's next ex-dividend date?

RMMZ's next ex-dividend date is Sep 15, 2026 (in 6 days, declared by the company). You must own the shares before that date to receive the payment of about $0.091 per share, expected on Sep 29, 2026.

How often does RMMZ pay dividends?

RMMZ pays dividends every month, 12 times a year. The most recent payment was $0.089 per share with an ex-date of Aug 14, 2026.

What is RMMZ's dividend yield?

RMMZ's trailing 12-month dividend yield is 7.53%, based on $1.092 per share paid over the last year and a share price of $14.50. The forward yield, using the indicated annual rate of $1.092 per share, is 7.53%.

How much does RMMZ pay per share?

RMMZ pays about $0.091 per share each month, which works out to roughly $1.092 per share a year. 100 shares would collect about $109.20 a year.

Has RMMZ grown or cut its dividend?

Over the last 3 years the regular payout changed -2.9% a year.

How many shares of RMMZ do I need to earn $100 a month?

At the current forward yield of 7.53%, you would need about 1,099 shares of RMMZ (roughly $15,934 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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