RiverNorth Opportunistic Municipal Income Fund (RMI) Dividend Yield

Price: $14.274
Market Cap: $90.99M
Avg Volume: 19.06K
Country: US
Industry: Financial - Conglomerates
Sector: Financial Services
Beta: 0.5880856
52W Range: $13.63-16.74
Website: RiverNorth Opportunistic Municipal Income Fund
Dividend Yield and Payout Ratio Summary (Annual)

According to RiverNorth Opportunistic Municipal Income Fund's latest annual financial reports, the company has a dividend yield of 7.39%. This metric indicates the percentage of the company's share price that is paid out as dividends annually.

The company also has a dividend payout ratio of 93.63%. This ratio represents the proportion of earnings paid out as dividends to shareholders, reflecting the company's dividend policy and sustainability.

Dividend Yield

7.39%

Dividend Payout Ratio

93.63%

RiverNorth Opportunistic Municipal Income Fund Historical Dividend Yield
13.48%13.48%10.79%10.79%8.09%8.09%5.39%5.39%2.70%2.70%0.00%0.00%Dividend Yield202020202021202120222022202320232024202420252025
Dividend Yield History

The table below shows the dividend yield for each year, with the latest data available for the last fiscal year 2023.

Year Dividend Yield Change
2023 7.39% 0.37%
2022 7.36% -45.42%
2021 13.48% 141.06%
2020 5.59% 7.80%
2019 5.19% 72.56%
2018 3.01% N/A

Related Metrics

Explore detailed financial metrics and analysis for RMI.

Financial Analysis
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Company Intelligence
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Returns & Ratios
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Balance Sheet
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Dividends
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