RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) Dividend Yield, History & Safety Analysis
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) pays a high 7.33% dividend yield, or $1.12 per share annually at a stock price of $15.58. The payout ratio of 1% is well within sustainable levels, leaving room for future increases. The most recent ex-dividend date was March 16, 2026.
- Dividend Yield
- 7.33%
- Annual Dividend
- $1.12
- Payout Ratio
- 1.3%
- Ex-Dividend Date
- 2026-03-16
Frequently Asked Questions
What is RMI's current dividend yield?
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI) has a dividend yield of 7.33%, paying $1.12 per share annually.
How often does RMI pay dividends?
RiverNorth Opportunistic Municipal Income Fund, Inc. typically pays dividends on a quarterly basis. The annual dividend totals $1.12 per share.
Is RMI's dividend safe?
RiverNorth Opportunistic Municipal Income Fund, Inc.'s dividend safety is rated "Safe." The payout ratio of 1% is well within sustainable levels, leaving room for future increases.
When is RMI's next ex-dividend date?
The most recent ex-dividend date for RiverNorth Opportunistic Municipal Income Fund, Inc. was March 16, 2026. Ex-dividend dates are typically announced a few weeks before the payment date.
What is RMI's payout ratio?
RiverNorth Opportunistic Municipal Income Fund, Inc. has a payout ratio of 1%, meaning it distributes 1% of its earnings as dividends. This leaves significant room for dividend growth.
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