RMM (RiverNorth Managed Duration Muni Fd) Dividend Payout Ratio: 0.58 (As of Dec. 2025) — 33% Below Median


RMM RiverNorth Managed Duration Muni Inc Fd RMM
30 GF Score
Price $14.61
! 3 Warning Signs
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What is RiverNorth Managed Duration Muni Fd Dividend Payout Ratio?

RiverNorth Managed Duration Muni Fd RMM +0.14% 30 Dividend Payout Ratio is 0.58 as of Dec. 2025, which is 33% below its 10-year median of 0.86. GuruFocus rates RMM with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 935 Asset Management companies, RiverNorth Managed Duration Muni Fd ranks worse than 98.93% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. RiverNorth Managed Duration Muni Fd's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.58.

Warning Sign:

If a company's dividend payout ratio is too high, its dividend may not be sustainable. The dividend payout ratio of RiverNorth Managed Duration Muni Inc Fd is 27.69, which seems too high.

The historical rank and industry rank for RiverNorth Managed Duration Muni Fd's Dividend Payout Ratio or its related term are showing as below:

RMM' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.86   Max: 27.69
Current: 27.69

During the past 6 years, the highest Dividend Payout Ratio of RiverNorth Managed Duration Muni Fd was 27.69. The lowest was 0.26. And the median was 0.86.

RMM's Dividend Payout Ratio is ranked worse than
98.93% of 935 companies
in the Asset Management industry
Industry Median: 0.71 vs RMM: 27.69

As of today (2026-06-25), the Dividend Yield % of RiverNorth Managed Duration Muni Fd is 7.19%.

During the past 6 years, the highest Trailing Annual Dividend Yield of RiverNorth Managed Duration Muni Fd was 8.82%. The lowest was 4.26%. And the median was 7.31%.

RiverNorth Managed Duration Muni Fd's Dividends per Share for the months ended in Dec. 2025 was $0.54.

During the past 12 months, RiverNorth Managed Duration Muni Fd's average Dividends Per Share Growth Rate was -1.70% per year. During the past 3 years, the average Dividends Per Share Growth Rate was -0.50% per year.

During the past 6 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 -0.50% per year. And the median was 2.85% per year.

The growth rate is calculated with least square regression.

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) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

RiverNorth Managed Duration Muni Fd Dividend Payout Ratio Related Terms

RiverNorth Managed Duration Muni Fd Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for RiverNorth Managed Duration Muni Fd's Dividend Payout Ratio 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 Dividend Payout Ratio Chart

RiverNorth Managed Duration Muni Fd Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio
Get a 7-Day Free Trial 0.26 0.00 1.15 0.86 0.00

RiverNorth Managed Duration Muni Fd Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.94 0.79 6.10 0.00 0.58

RMM vs MMD, PMO, KWY: Dividend Payout Ratio Comparison

For the Asset Management subindustry, RiverNorth Managed Duration Muni Fd's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Payout Ratio vs Asset Management Industry

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

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


RMM
30GF Score
RiverNorth Managed Duration Muni Inc Fd RMM
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Managed Duration Muni Fd Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

RiverNorth Managed Duration Muni Fd's Dividend Payout Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Jun. 2025 )/ EPS without NRI (A: Jun. 2025 )
=1.092/ -0.65
=N/A

RiverNorth Managed Duration Muni Fd's Dividend Payout Ratio for the quarter that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Dec. 2025 )/ EPS without NRI (Q: Dec. 2025 )
=0.537/ 0.93
=0.58

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.58 mean?
RiverNorth Managed Duration Muni Fd (RMM) has a Dividend Payout Ratio of 0.58 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. This is 33% below median its historical median of 0.86. Over the past decade, RiverNorth Managed Duration Muni Fd's Dividend Payout Ratio has ranged from 0.26 to 27.69. According to the industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #925 out of 935 companies in the Asset Management industry, placing it in the top 98.9%.
Is RiverNorth Managed Duration Muni Fd's Dividend Payout Ratio too high?
RiverNorth Managed Duration Muni Fd's current Dividend Payout Ratio of 0.58 is 33% below median its 10-year median of 0.86. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 27.69. The Asset Management industry median Dividend Payout Ratio is 0.71. RiverNorth Managed Duration Muni Fd's value of 0.58 is 18.3% below this industry median. Based on the distribution chart, RiverNorth Managed Duration Muni Fd ranks #925 out of 935 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, RiverNorth Managed Duration Muni Fd has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Managed Duration Muni Fd's Dividend Payout Ratio compare to MMD and PMO?
According to the Asset Management industry distribution chart, RiverNorth Managed Duration Muni Fd ranks #925 out of 935 companies for Dividend Payout Ratio. This places RiverNorth Managed Duration Muni Fd in the lower half of its industry. The industry median Dividend Payout Ratio is 0.71. RiverNorth Managed Duration Muni Fd's value of 0.58 is 18.3% below this benchmark. Historically, RiverNorth Managed Duration Muni Fd's own Dividend Payout Ratio has ranged from 0.26 to 27.69 over the past decade. While the company's 10-year median is 0.86 vs. the industry median of 0.71, RiverNorth Managed Duration Muni Fd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Asset Management company?
The median Dividend Payout Ratio among Asset Management companies is 0.71, based on 935 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. RiverNorth Managed Duration Muni Fd's current Dividend Payout Ratio of 0.58 is 18.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on RiverNorth Managed Duration Muni Fd and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Managed Duration Muni Fd's current Dividend Payout Ratio is 0.58, which is 33% below median its own 10-year median of 0.86. 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?
RiverNorth Managed Duration Muni Fd (RMM) has a current Dividend Payout Ratio of 0.58. The current Dividend Payout Ratio is 0.58, which is 33% below median its 10-year median of 0.86 and 18.3% below the Asset Management industry median of 0.71. RiverNorth Managed Duration Muni Fd's overall GF Score™ is 30/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For RiverNorth Managed Duration Muni Fd (RMM), the current Dividend Payout Ratio is 0.58 as of Dec. 2025. 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.

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.
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