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RiverNorth Flexible Municipalome Fund's dividends per share for the six months ended in Dec. 2023 was $0.59. Its dividends per share for the trailing twelve months (TTM) ended in Dec. 2023 was $1.58. Its Dividend Payout Ratio for the six months ended in Dec. 2023 was 1.09. As of today, RiverNorth Flexible Municipalome Fund's Dividend Yield % is 7.23%.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of RiverNorth Flexible Municipal Income Fund Inc is 1.68, which seems too high.
Warning Sign:
RiverNorth Flexible Municipal Income Fund Inc stock dividend yield is close to 1-year low.
During the past 12 months, RiverNorth Flexible Municipalome Fund's average Dividends Per Share Growth Rate was 20.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
For more information regarding to dividend, please check our Dividend Page.
The historical data trend for RiverNorth Flexible Municipalome Fund's Dividends per Share can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
RiverNorth Flexible Municipalome Fund Annual Data | |||||||||
Trend | Jun20 | Jun21 | Jun22 | Jun23 | |||||
Dividends per Share | - | 0.42 | 2.31 | 1.66 |
RiverNorth Flexible Municipalome Fund Semi-Annual Data | ||||||||
Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | |
Dividends per Share | Get a 7-Day Free Trial | 1.68 | 0.64 | 0.67 | 0.99 | 0.59 |
For the Asset Management subindustry, RiverNorth Flexible Municipalome Fund's Dividend Yield %, along with its competitors' market caps and Dividend Yield % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
For the Asset Management industry and Financial Services sector, RiverNorth Flexible Municipalome Fund's Dividend Yield % distribution charts can be found below:
* The bar in red indicates where RiverNorth Flexible Municipalome Fund's Dividend Yield % falls into.
Dividends paid to per common share.
RiverNorth Flexible Municipalome Fund (NYSE:RFM) Dividends per Share Explanation
1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.
RiverNorth Flexible Municipalome Fund's Dividend Payout Ratio for the quarter that ended in Dec. 2023 is calculated as
Dividend Payout Ratio | = | Dividends per Share (Q: Dec. 2023 ) | / | EPS without NRI (Q: Dec. 2023 ) |
= | 0.588 | / | 0.54 | |
= | 1.09 |
During the past 4 years, the highest Dividend Payout Ratio of RiverNorth Flexible Municipalome Fund was 3.07. The lowest was 0.09. And the median was 1.58.
Warning Sign:
If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of RiverNorth Flexible Municipal Income Fund Inc is 1.68, which seems too high.
2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.
RiverNorth Flexible Municipalome Fund Recent Full-Year* Dividend History
Amount | Ex-date | Record Date | Pay Date | Type | Frequency | Forex Rate |
---|---|---|---|---|---|---|
USD 0.095 | 2024-04-12 | 2024-04-15 | 2024-04-30 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.095 | 2024-03-14 | 2024-03-15 | 2024-03-28 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.095 | 2024-02-14 | 2024-02-15 | 2024-02-29 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.095 | 2024-01-12 | 2024-01-16 | 2024-01-31 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.099 | 2023-12-14 | 2023-12-15 | 2023-12-29 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.099 | 2023-11-14 | 2023-11-15 | 2023-11-30 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.099 | 2023-10-12 | 2023-10-13 | 2023-10-31 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.099 | 2023-09-14 | 2023-09-15 | 2023-09-29 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.099 | 2023-08-14 | 2023-08-15 | 2023-08-31 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.099 | 2023-07-13 | 2023-07-14 | 2023-07-31 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.099 | 2023-06-14 | 2023-06-15 | 2023-06-30 | Cash Dividend | monthly | USD:USD 1.000000 |
USD 0.099 | 2023-05-12 | 2023-05-15 | 2023-05-31 | Cash Dividend | monthly | USD:USD 1.000000 |
* GuruFocus has an internal rule that if the most recent dividend payment frequency is at least 4 times a year, then the full year will be calculated according to the frequency of payment or the one-year time frame, whichever is stricter.
* GuruFocus converts dividend currency to local traded share price currency in order to calculate dividend yield. Please refer to the last column "Forex Rate" in the above table.
RiverNorth Flexible Municipalome Fund's Dividend Yield (%) for Today is calculated as
Dividend Yield % | = | Most Recent Full Year Dividend | / | Current Share Price |
= | 1.172 | / | 16.21 | |
= | 7.23 % |
Current Share Price is $16.21.
RiverNorth Flexible Municipalome Fund's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.172.
During the past 4 years, the highest Dividend Yield of RiverNorth Flexible Municipalome Fund was 15.52%. The lowest was 1.70%. And the median was 10.65%.
Warning Sign:
RiverNorth Flexible Municipal Income Fund Inc stock dividend yield is close to 1-year low.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Thank you for viewing the detailed overview of RiverNorth Flexible Municipalome Fund's Dividends per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Lisa Bruckert Mougin | director | C/O RIVERNORTH CAPITAL MANAGEMENT, LLC, 360 S. ROSEMARY AVE., SUITE 1420, WEST PALM BEACH FL 33401 |
Rivernorth Capital Management, Llc | other: Investment Adviser | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
Robert A Dimella | other: Portfolio Manager | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Michael Petty | other: Portfolio Manager | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
John J Lawlor | other: Portfolio Manager | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
Scott Sprauer | other: Portfolio Manager | 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105 |
David Dowden | other: Portfolio Manager | 1345 AVENUE OF THE AMERICAS, NEW YORK NJ 10105 |
Patrick W. Galley | director, officer: President | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
Brian H Schmucker | other: Officer of Investment Adviser | 325 NORTH LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
John S. Oakes | director | 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
John Wayne Hutchens | director | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
David Swanson | director | 325 N. LASALLE ST., SUITE 645, CHICAGO IL 60654 |
Jerry Raio | director | 360 S. ROSEMARY AVE, SUITE 1420, WEST PALM BEACH FL 33401 |
John K Carter | director | 433 W. VAN BUREN STREET, SUITE 1150-E, CHICAGO IL 60607 |
Jonathan M. Mohrhardt | other: Treasurer | 325 N. LASALLE STREET, SUITE 645, CHICAGO IL 60654 |
From GuruFocus
By Business Wire Business Wire • 12-14-2022
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