RMM (RiverNorth Managed Duration Muni Fd) Dividends per Share: $1.05 (TTM As of Jun. 2026)

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RMM RiverNorth Managed Duration Muni Inc Fd RMM
48 GF Score
Price $13.22
GF Value $20.54
Valuation Significantly Undervalued
! 2 Warning Signs
View Full Analysis

What is RiverNorth Managed Duration Muni Fd Dividends per Share?

RiverNorth Managed Duration Muni Fd RMM -0.60% 48 Dividends per Share is $1.05 as of Jun. 2026. GuruFocus rates RMM with a GF Score™ of 48/100 and a GF Value™ of $20.54 (Significantly Undervalued). The stock has 2 warning signs investors should review.

RiverNorth Managed Duration Muni Fd's dividends per share for the six months ended in Jun. 2026 was $0.51. Its dividends per share for the trailing twelve months (TTM) ended in Jun. 2026 was $1.05. Its Dividend Payout Ratio for the six months ended in Jun. 2026 was 0.67. As of today, RiverNorth Managed Duration Muni Fd's Dividend Yield % is 7.80%.

During the past 12 months, RiverNorth Managed Duration Muni Fd's average Dividends Per Share Growth Rate was -4.30% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -1.80% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 1.70% 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.

During the past 4 years, the highest 3-Year average Dividends Per Share Growth Rate of RiverNorth Managed Duration Muni Fd was 6.20% per year. The lowest was -1.80% per year. And the median was -0.50% per year.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

RiverNorth Managed Duration Muni Fd  (NYSE:RMM) Dividends per Share Explanation

1. Dividend Payout Ratio measures the percentage of the company's earnings paid out as dividends.

RiverNorth Managed Duration Muni Fd's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=0.5082/ 0.7588436317037
=0.67

During the past 4 years, the highest Dividend Payout Ratio of RiverNorth Managed Duration Muni Fd was 1.15. The lowest was 0.26. And the median was 0.74.

2. Dividend Yield % measures how much a company pays out in dividends each year relative to its share price.

RiverNorth Managed Duration Muni Fd Recent Full-Year* Dividend History

Amount Ex-date Record Date Pay Date Type Frequency Forex Rate
USD 0.0847002026-09-152026-09-152026-09-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0847002026-08-142026-08-142026-08-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0847002026-07-152026-07-152026-07-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0847002026-06-152026-06-152026-06-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0847002026-05-152026-05-152026-05-29Cash DividendmonthlyUSD:USD 1.000000
USD 0.0847002026-04-152026-04-152026-04-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0847002026-03-162026-03-162026-03-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0847002026-02-132026-02-132026-02-27Cash DividendmonthlyUSD:USD 1.000000
USD 0.0847002026-01-152026-01-152026-01-30Cash DividendmonthlyUSD:USD 1.000000
USD 0.0905002025-12-152025-12-152025-12-31Cash DividendmonthlyUSD:USD 1.000000
USD 0.0905002025-11-142025-11-142025-11-28Cash DividendmonthlyUSD:USD 1.000000
USD 0.0905002025-10-152025-10-152025-10-31Cash 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 Managed Duration Muni Fd's Dividend Yield (%) for Today is calculated as

Dividend Yield %=Most Recent Full Year Dividend/Current Share Price
=1.0338/13.22
=7.82 %

Current Share Price is $13.22.
RiverNorth Managed Duration Muni Fd's Dividends per Share for the trailing twelve months (TTM) ended in Today is $1.0338.

During the past 4 years, the highest Dividend Yield of RiverNorth Managed Duration Muni Fd was 8.82%. The lowest was 4.26%. And the median was 7.31%.

* 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 Managed Duration Muni Fd Dividends per Share Related Terms

RiverNorth Managed Duration Muni Fd Dividends per Share Historical Data

* Premium members only.

The historical data trend for RiverNorth Managed Duration Muni Fd'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 Managed Duration Muni Fd Dividends per Share Chart

RiverNorth Managed Duration Muni Fd Annual Data
Trend Jun23 Jun24 Jun25 Jun26
Dividends per Share
1.10 1.10 1.09 1.05

RiverNorth Managed Duration Muni Fd Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Dividends per Share Get a 7-Day Free Trial 0.55 0.55 0.54 0.54 0.51

RMM vs TSI, MMD, DBL: Dividends per Share Comparison

For the Asset Management subindustry, RiverNorth Managed Duration Muni Fd'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 Managed Duration Muni Fd Dividend Yield % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Managed Duration Muni Fd's Dividend Yield % distribution charts can be found below:

* The bar in red indicates where RiverNorth Managed Duration Muni Fd's Dividend Yield % falls into.


RMM
48GF Score
RiverNorth Managed Duration Muni Inc Fd RMM
Dividends per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

RiverNorth Managed Duration Muni Fd Dividends per Share Calculation

Dividends paid to per common share.

Frequently Asked Questions Learn more about Dividends per Share →
What does a Dividends per Share of $1.05 mean?
RiverNorth Managed Duration Muni Fd (RMM) has a Dividends per Share of $1.05 as of Jun. 2026. Dividends per share represents the per-share amount paid as dividends. View historical data on RiverNorth Managed Duration Muni Fd and its competitors.
Is RiverNorth Managed Duration Muni Fd's Dividends per Share too high?
RiverNorth Managed Duration Muni Fd's current Dividends per Share is $1.05. Overall, RiverNorth Managed Duration Muni Fd has a GF Score™ of 48/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Managed Duration Muni Fd's Dividends per Share compare to TSI and MMD?
RiverNorth Managed Duration Muni Fd's Dividends per Share of $1.05 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividends per Share for an Asset Management company?
A good Dividends per Share depends on the Asset Management industry context. However, Dividends per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividends per Share mean?
A high Dividends per Share can signal that a stock is expensive relative to its fundamentals. Dividends per share represents the per-share amount paid as dividends. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. RiverNorth Managed Duration Muni Fd's current Dividends per Share is $1.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RiverNorth Managed Duration Muni Fd stock overvalued right now?
Based on GuruFocus' analysis, RiverNorth Managed Duration Muni Fd (RMM) is currently considered Significantly Undervalued. The stock's GF Value™ is $20.54, compared to a current price of $13.22 — trading 35.6% below its estimated fair value. The current Dividends per Share is $1.05. RiverNorth Managed Duration Muni Fd's overall GF Score™ is 48/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividends per Share calculated?
Dividends per Share is calculated from a company's financial statements. For RiverNorth Managed Duration Muni Fd (RMM), the current Dividends per Share is $1.05 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RiverNorth Managed Duration Muni Fd (RMM) Overvalued in 2026?

Based on GuruFocus' analysis, RiverNorth Managed Duration Muni Fd stock appears to be undervalued. The current stock price of $13.22 is trading 35.6% below its estimated GF Value™ of $20.54. GuruFocus considers RiverNorth Managed Duration Muni Fd to be Significantly Undervalued.

Key valuation signals for RMM:

  • Dividends per Share: $1.05
  • GF Value™: $20.54 vs. price of $13.22 (35.6% below fair value)
  • GF Score™: 48/100 with 2 warning signs

No single metric tells the full story. See the RMM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

RiverNorth Managed Duration Muni Fd Business Description

Address 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Managed Duration Muni Inc Fd is a United States based diversified, closed-end management investment company. Its primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
48GF Score

Get the complete analysis for RMM

Dividends per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.22
Price
$20.54
GF Value