RFMZ Dividend History - RiverNorth Flexible Municipal

Track the latest RFMZ dividend history: 6.95% Dividend Yield, 3.78% Annual Growth - Explore RFMZ's complete dividend history

Yield 12m 6.95%
Cash Amount 12m 0.96
Dividend Growth 5y avg 3.78%
Dividend Rating 53.50%
Yield on Cost 5y 6.34%
Payout Ratio 164.5%
Payout Frequency 12m 12
Payout Consistency 97.1%
Total Return 12m: 5.65%
#7 in Group
Total Return 5y: -7.57%
#12 in Group

Dividends Cash Amount per Share Yearly

Number of Payouts Yearly

5 Years Chart with Price and Dividend Yield

Top Dividend Payers in Multi-Sector Holdings

Top Dividend Yield in Peer Group
Symbol Market Cap in USD Yield Yield on Cost
RFMZ 347m 6.95% 6.34%
GBLB 9,444m 11.2% 12.3%
ORES 500m 6.10% 7.79%
CODI 1,519m 4.82% 8.25%
Top Dividend Grower in Peer Group
Symbol Market Cap in USD Grow Rating
RFMZ 347m 3.78% 53.5%
ACKB 7,133m 7.94% 61.3%
JEF 11,596m 24.2% 52.6%
SOF 8,480m 2.93% 50.4%

RFMZ Dividend History - Last 40 Dividends (Paid in USD)

Ex-Date Record Date Payment Date Period Cash Amount Growth Rate Payout Yield
2025-01-15 0.086 -1.1% 0.63%
2024-12-13 2024-12-13 2024-12-31 Monthly 0.087 0.62%
2024-11-15 2024-11-15 2024-11-29 Monthly 0.087 0.61%
2024-10-15 2024-10-15 2024-10-31 Monthly 0.087 0.6%
2024-09-13 2024-09-13 2024-09-30 Monthly 0.087 0.6%
2024-08-15 2024-08-15 2024-08-30 Monthly 0.087 0.6%
2024-07-15 2024-07-15 2024-07-31 Monthly 0.087 0.61%
2024-06-14 2024-06-14 2024-06-28 Monthly 0.087 0.63%
2024-05-14 2024-05-15 2024-05-31 Monthly 0.087 0.63%
2024-04-12 2024-04-15 2024-04-30 Monthly 0.087 0.63%
2024-03-14 2024-03-15 2024-03-28 Monthly 0.087 0.61%
2024-02-14 2024-02-15 2024-02-29 Monthly 0.087 0.63%
2024-01-12 2024-01-16 2024-01-31 Monthly 0.087 0.63%
2023-12-14 2023-12-15 2023-12-29 Monthly 0.087 0.65%
2023-11-14 2023-11-15 2023-11-30 Monthly 0.087 0.7%
2023-10-12 2023-10-13 2023-10-31 Monthly 0.087 0.7%
2023-09-14 2023-09-15 2023-09-29 Monthly 0.087 0.65%
2023-08-14 2023-08-15 2023-08-31 Monthly 0.087 0.61%
2023-07-13 2023-07-14 2023-07-31 Monthly 0.087 0.61%
2023-06-14 2023-06-15 2023-06-30 Monthly 0.087 0.62%
2023-05-12 2023-05-15 2023-05-31 Monthly 0.087 0.65%
2023-04-13 2023-04-14 2023-04-28 Monthly 0.087 0.64%
2023-03-14 2023-03-15 2023-03-31 Monthly 0.087 0.64%
2023-02-14 2023-02-15 2023-02-28 Monthly 0.087 0.61%
2023-01-12 2023-01-13 2023-01-31 Monthly 0.087 117.5% 0.62%
2022-12-22 0.04 -57% 0.3%
2022-12-14 2022-12-15 2022-12-30 Monthly 0.093 0.68%
2022-11-14 2022-11-15 2022-11-30 Monthly 0.093 0.71%
2022-10-13 2022-10-14 2022-10-31 Monthly 0.093 0.7%
2022-09-15 2022-09-16 2022-09-30 Monthly 0.093 0.66%
2022-08-16 2022-08-17 2022-08-31 Monthly 0.093 0.62%
2022-07-14 2022-07-15 2022-07-29 Monthly 0.093 0.63%
2022-06-15 2022-06-16 2022-06-30 Monthly 0.093 0.64%
2022-05-12 2022-05-13 2022-05-31 Monthly 0.093 0.63%
2022-04-13 2022-04-14 2022-04-29 Monthly 0.093 0.59%
2022-03-16 2022-03-17 2022-03-31 Monthly 0.093 0.58%
2022-02-10 2022-02-11 2022-02-28 Monthly 0.093 0.52%
2022-01-13 2022-01-14 2022-01-31 Monthly 0.093 -7% 0.48%
2021-12-15 2021-12-16 2021-12-31 Monthly 0.1 0.5%
2021-11-10 2021-11-12 2021-11-30 Monthly 0.1 0.49%

RFMZ Dividend History - FAQ

Does RFMZ pay dividends?

Yes, as of March 2025, RFMZ paid a dividend of 0.96 USD in the last 12 months. The last dividend was paid on 2025-01-15.

What is the Dividend Yield of RFMZ?

As of March 2025, RFMZ`s dividend yield is 6.95%. This is calculated by dividing the trailing 12-month dividend rate (TTM rate) of 960K USD by the current share price of 13.94.

How often does RFMZ pay dividends?

RFMZ pays dividends monthly. Over the last 12 months (TTM), RFMZ has issued 12 dividend payments.

What is the next Ex-Dividend Date for RFMZ?

The next ex-dividend date for RiverNorth Flexible Municipal (RFMZ) is unknown.

What is the Dividend Growth Rate of RFMZ?

RFMZ's average dividend growth rate over the past 5 years is 3.78M% per year.
Strong growth: Dividend growth is outpacing inflation.

What is the Yield on Cost of RFMZ?

RFMZ's 5-Year Yield on Cost is 6.34M%. This represents the effective dividend yield for an investor who bought RiverNorth Flexible Municipal five years ago. It is calculated as the trailing 12-month dividend cash amount (960K) divided by the purchase price five years ago (15.08):

What is the Payout Consistency of RFMZ?

RFMZ Payout Consistency is 97.1%.
Highly consistent: RiverNorth Flexible Municipal has a strong track record of consistent dividend payments.

Does RFMZ have a good Dividend Yield?

RFMZ`s 6.95% Dividend Yield is considered as high. Make sure the dividend is sustainable.

What is the Dividend Payout Ratio of RFMZ?

The Dividend Payout Ratio of RFMZ is 164.5%. Dangerously high - this is usually not sustainable and may lead to a dividend cut or NAV decline.

What is the Dividend Rating of RFMZ?

RFMZ`s Overall Dividend Rating is 53.50%. Ratings surpassing 60 are regarded as favorable, exceeding 75 are strong, and surpassing 85 are exceptional.

Bonus Section: RFMZ Outstanding Shares

What is the Trend of RFMZ`s Outstanding Shares?

The Outstanding Shares of RiverNorth Flexible Municipal are shrinking at a rate of 0.00% per year on average over the last 5 years. The Correlation Coefficent of the Outstanding Shares is 0.0%.

Did RiverNorth Flexible Municipal ever had a Stock Split?

No Stock Splits found.
Year Number of Shares Growth Rate
2021 24,351,800
2022 24,351,800
2023 24,351,800
2024 24,351,800