RMMZ (RiverNorth Managed Duration Municipalome Fund II) Dividend Payout Ratio: 0.61 (As of Dec. 2025) — 48% Below Median

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RMMZ RiverNorth Managed Duration Municipal Income Fund II Inc RMMZ
30 GF Score
Price $14.72
! 3 Warning Signs
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What is RiverNorth Managed Duration Municipalome Fund II Dividend Payout Ratio?

RiverNorth Managed Duration Municipalome Fund II RMMZ -0.27% 30 Dividend Payout Ratio is 0.61 as of Dec. 2025, which is 48% below its 10-year median of 1.18. GuruFocus rates RMMZ with a GF Score™ of 30/100. The stock has 3 warning signs investors should review. Among 929 Asset Management companies, RiverNorth Managed Duration Municipalome Fund II ranks worse than 98.71% 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 Municipalome Fund II's Dividend Payout Ratio for the months ended in Dec. 2025 was 0.61.

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 Municipal Income Fund II Inc is 16.31, which seems too high.

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

RMMZ' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.18   Max: 16.31
Current: 16.31


During the past 4 years, the highest Dividend Payout Ratio of RiverNorth Managed Duration Municipalome Fund II was 16.31. The lowest was 0.88. And the median was 1.18.

RMMZ's Dividend Payout Ratio is ranked worse than
98.71% of 929 companies
in the Asset Management industry
Industry Median: 0.69 vs RMMZ: 16.31

As of today (2026-07-26), the Dividend Yield % of RiverNorth Managed Duration Municipalome Fund II is 7.47%.

During the past 4 years, the highest Trailing Annual Dividend Yield of RiverNorth Managed Duration Municipalome Fund II was 9.15%. The lowest was 7.06%. And the median was 7.73%.

RiverNorth Managed Duration Municipalome Fund II's Dividends per Share for the months ended in Dec. 2025 was $0.57.

During the past 12 months, RiverNorth Managed Duration Municipalome Fund II's average Dividends Per Share Growth Rate was -2.20% 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 Municipalome Fund II (NYSE:RMMZ) 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 Municipalome Fund II Dividend Payout Ratio Related Terms


RiverNorth Managed Duration Municipalome Fund II Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for RiverNorth Managed Duration Municipalome Fund II'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 Municipalome Fund II Dividend Payout Ratio Chart

RiverNorth Managed Duration Municipalome Fund II Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Dividend Payout Ratio
0.00 1.47 0.88 0.00

RiverNorth Managed Duration Municipalome Fund II Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Dividend Payout Ratio Get a 7-Day Free Trial 0.85 0.92 3.89 0.00 0.61

RMMZ vs WEA, VFL, JHS: Dividend Payout Ratio Comparison

For the Asset Management subindustry, RiverNorth Managed Duration Municipalome Fund II'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 Municipalome Fund II Dividend Payout Ratio vs Asset Management Industry

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

* The bar in red indicates where RiverNorth Managed Duration Municipalome Fund II's Dividend Payout Ratio falls into.


RMMZ
30GF Score
RiverNorth Managed Duration Municipal Income Fund II Inc RMMZ
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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RiverNorth Managed Duration Municipalome Fund II 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 Municipalome Fund II'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 )
=1.155/ -0.71
=N/A

RiverNorth Managed Duration Municipalome Fund II'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 )
=0.571/ 0.94
=0.61

* 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 0.61 mean?
RiverNorth Managed Duration Municipalome Fund II (RMMZ) has a Dividend Payout Ratio of 0.61 as of Dec. 2025. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on RiverNorth Managed Duration Municipalome Fund II and its competitors. This is 48% below median its historical median of 1.18. Over the past decade, RiverNorth Managed Duration Municipalome Fund II's Dividend Payout Ratio has ranged from 0.88 to 16.31. According to the industry distribution chart, RiverNorth Managed Duration Municipalome Fund II ranks #917 out of 929 companies in the Asset Management industry, placing it in the top 98.7%.
Is RiverNorth Managed Duration Municipalome Fund II's Dividend Payout Ratio too high?
RiverNorth Managed Duration Municipalome Fund II's current Dividend Payout Ratio of 0.61 is 48% below median its 10-year median of 1.18. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 16.31. The Asset Management industry median Dividend Payout Ratio is 0.69. RiverNorth Managed Duration Municipalome Fund II's value of 0.61 is 11.6% below this industry median. Based on the distribution chart, RiverNorth Managed Duration Municipalome Fund II ranks #917 out of 929 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, RiverNorth Managed Duration Municipalome Fund II has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does RiverNorth Managed Duration Municipalome Fund II's Dividend Payout Ratio compare to WEA and VFL?
According to the Asset Management industry distribution chart, RiverNorth Managed Duration Municipalome Fund II ranks #917 out of 929 companies for Dividend Payout Ratio. This places RiverNorth Managed Duration Municipalome Fund II in the lower half of its industry. The industry median Dividend Payout Ratio is 0.69. RiverNorth Managed Duration Municipalome Fund II's value of 0.61 is 11.6% below this benchmark. Historically, RiverNorth Managed Duration Municipalome Fund II's own Dividend Payout Ratio has ranged from 0.88 to 16.31 over the past decade. While the company's 10-year median is 1.18 vs. the industry median of 0.69, RiverNorth Managed Duration Municipalome Fund II 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 0.69, based on 929 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 Municipalome Fund II's current Dividend Payout Ratio of 0.61 is 11.6% 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 Municipalome Fund II and its competitors. For the Asset Management industry, the median Dividend Payout Ratio is 0.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RiverNorth Managed Duration Municipalome Fund II's current Dividend Payout Ratio is 0.61, which is 48% below median its own 10-year median of 1.18. 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 Municipalome Fund II stock overvalued right now?
RiverNorth Managed Duration Municipalome Fund II (RMMZ) has a current Dividend Payout Ratio of 0.61. The current Dividend Payout Ratio is 0.61, which is 48% below median its 10-year median of 1.18 and 11.6% below the Asset Management industry median of 0.69. RiverNorth Managed Duration Municipalome Fund II'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 Municipalome Fund II (RMMZ), the current Dividend Payout Ratio is 0.61 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 Municipalome Fund II Business Description

Address 360 South Rosemary Avenue, Suite 1420, West Palm Beach, FL, USA, 33401
RiverNorth Managed Duration Municipal Income Fund II Inc is a diversified, closed-end management investment company. The Fund's primary investment objective is current income exempt from regular U.S. federal income taxes. The Fund's secondary investment objective is total return.
30GF Score

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