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RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) Dividends per Share

: $1.58 (TTM As of Dec. 2023)
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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.


RiverNorth Flexible Municipalome Fund Dividends per Share Historical Data

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.

* Premium members only.

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

Competitive Comparison

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.


RiverNorth Flexible Municipalome Fund Dividend Yield % Distribution

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.



RiverNorth Flexible Municipalome Fund Dividends per Share Calculation

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 0.0952024-04-122024-04-152024-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0952024-03-142024-03-152024-03-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0952024-02-142024-02-152024-02-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0952024-01-122024-01-162024-01-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0992023-12-142023-12-152023-12-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0992023-11-142023-11-152023-11-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0992023-10-122023-10-132023-10-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0992023-09-142023-09-152023-09-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0992023-08-142023-08-152023-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0992023-07-132023-07-142023-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0992023-06-142023-06-152023-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0992023-05-122023-05-152023-05-31Cash DividendmonthlyUSD: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.


RiverNorth Flexible Municipalome Fund Dividends per Share Related Terms

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RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) Business Description

Traded in Other Exchanges
N/A
Address
360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Flexible Municipal Income Fund Inc is a diversified, closed-end management investment company. Its primary investment objective is to seek current income exempt from regular U.S. federal income taxes. The fund's secondary investment objective is total return.
Executives
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

RiverNorth Flexible Municipalome Fund (RiverNorth Flexible Municipalome Fund) Headlines

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