RMMZ RiverNorth Managed Duration Municipal Income Fund II, Inc. — distribution yield, history & ex-dividend dates
The RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) is structured as a diversified, closed-end management investment vehicle. Its primary aim is to produce current income that is not subject to regular U.S. Federal income tax, with a secondary objective of achieving total return. The firm maintains its principal operations in Chicago, Illinois.
Distribution Snapshot
Key Metrics
Distribution Yield
7.54%
The annual dividend as a percentage of the share price. A 3% yield is about $3 of dividends a year for every $100 invested at today's price.Annualized Distribution
$1.0692
The most recent payment scaled to a full year by how often it's paid. A $0.25 quarterly dividend annualizes to $1.00.Frequency
M Monthly
How often the dividend is paid: Q = quarterly (4x a year), M = monthly, S = semi-annual, A = annual.Rank Score
47.9
Our 0-100 house score blending yield, payout safety, growth and momentum. Higher means a stronger profile on those factors in our model — a research score, not advice or a recommendation to buy.RSI (14)
31
Relative Strength Index (0-100), a price-momentum gauge. Above 70 is often called 'overbought', below 30 'oversold'. A technical signal, not a dividend metric.52-Week Range
$14.18 – $15.15
The lowest and highest price over the past year — shows where today's price sits in its recent range.Payout Ratio
n/a
The share of GAAP earnings paid out as dividends. Lower leaves more cushion; above 100% means paying out more than the company earns. It shows n/a for BDCs, REITs and funds, which pay out of cash flow / net investment income rather than GAAP earnings, so this ratio doesn't apply.Years Paying
4
How many years of payments we have on record. This can understate very long histories where our data doesn't reach far enough back.Price / Book
-
Price-to-book ratio: share price divided by book value per share. A rough valuation gauge, most useful for asset-heavy sectors like REITs, banks and insurers.S.A.F.E. Dividend Read
Quote & Key Data
Distribution Growth
Why the Yield Moved (90 Days)
RMMZ's distribution yield rose from 7.16% to 7.54% over the past ~90 days (+0.38 pp). Of that move, +0.00 pp came from changes in the distribution rate and +0.38 pp from the share price ($14.93 → $14.18). A yield that rises because the price fell is not an improvement in the payout itself.
Yield vs Its Own History
Across 304 daily observations over the past 14 months, RMMZ's current yield is higher than approximately 55% of them. Our stored price history for RMMZ covers the past 14 months; 3- and 5-year averages are not yet computable from it and are deliberately not shown.
Adjusted Price History
Distribution History
Distribution Payment History
Ex-dividend calendar →| Amount | Type | Declared | Ex-Date | Record | Pay |
|---|---|---|---|---|---|
| $0.0891 M | Regular | Jul 01, 2026 | Oct 16, 2026 | Oct 16, 2026 | Oct 30, 2026 |
| $0.0891 M | Regular | Jul 01, 2026 | Sep 15, 2026 | Sep 15, 2026 | Sep 30, 2026 |
| $0.0891 M | Regular | Jul 01, 2026 | Aug 14, 2026 | Aug 14, 2026 | Aug 31, 2026 |
| $0.0891 M | Regular | Jul 01, 2026 | Jul 15, 2026 | Jul 15, 2026 | Jul 31, 2026 |
| $0.0891 M | Regular | Apr 01, 2026 | Jun 15, 2026 | Jun 15, 2026 | Jun 30, 2026 |
| $0.0891 M | Regular | Apr 01, 2026 | May 15, 2026 | May 15, 2026 | May 29, 2026 |
| $0.0891 M | Regular | Apr 01, 2026 | Apr 15, 2026 | Apr 15, 2026 | Apr 30, 2026 |
| $0.0891 M | Regular | Jan 02, 2026 | Mar 16, 2026 | Mar 16, 2026 | Mar 31, 2026 |
| $0.0891 M | Regular | Jan 02, 2026 | Feb 13, 2026 | Feb 13, 2026 | Feb 27, 2026 |
| $0.0891 M | Regular | Jan 02, 2026 | Jan 15, 2026 | Jan 15, 2026 | Jan 30, 2026 |
| $0.0951 M | Regular | Oct 01, 2025 | Dec 15, 2025 | Dec 15, 2025 | Dec 31, 2025 |
| $0.0951 M | Regular | Oct 01, 2025 | Nov 14, 2025 | Nov 14, 2025 | Nov 28, 2025 |
| $0.0951 M | Regular | Oct 01, 2025 | Oct 15, 2025 | Oct 15, 2025 | Oct 31, 2025 |
| $0.0951 M | Regular | Jul 01, 2025 | Sep 15, 2025 | Sep 15, 2025 | Sep 30, 2025 |
| $0.0951 M | Regular | Jul 01, 2025 | Aug 15, 2025 | Aug 15, 2025 | Aug 29, 2025 |
| $0.0951 M | Regular | Jul 01, 2025 | Jul 15, 2025 | Jul 15, 2025 | Jul 31, 2025 |
| $0.0951 M | Regular | Apr 01, 2025 | Jun 13, 2025 | Jun 13, 2025 | Jun 30, 2025 |
| $0.0951 M | Regular | Apr 01, 2025 | May 15, 2025 | May 15, 2025 | May 30, 2025 |
| $0.0951 M | Regular | Apr 01, 2025 | Apr 15, 2025 | Apr 15, 2025 | Apr 30, 2025 |
| $0.0951 M | Regular | Jan 02, 2025 | Mar 14, 2025 | Mar 14, 2025 | Mar 31, 2025 |
| $0.0951 M | Regular | Jan 02, 2025 | Feb 14, 2025 | Feb 14, 2025 | Feb 28, 2025 |
| $0.0951 M | Regular | Jan 02, 2025 | Jan 15, 2025 | Jan 15, 2025 | Jan 31, 2025 |
| $0.0974 M | Regular | Oct 01, 2024 | Dec 13, 2024 | Dec 13, 2024 | Dec 31, 2024 |
| $0.0974 M | Regular | Oct 01, 2024 | Nov 15, 2024 | Nov 15, 2024 | Nov 29, 2024 |
| $0.0974 M | Regular | Oct 01, 2024 | Oct 15, 2024 | Oct 15, 2024 | Oct 31, 2024 |
| $0.0974 M | Regular | Jul 01, 2024 | Sep 13, 2024 | Sep 13, 2024 | Sep 30, 2024 |
| $0.0974 M | Regular | Jul 01, 2024 | Aug 15, 2024 | Aug 15, 2024 | Aug 30, 2024 |
| $0.0974 M | Regular | Jul 01, 2024 | Jul 15, 2024 | Jul 15, 2024 | Jul 31, 2024 |
| $0.0974 M | Regular | Apr 01, 2024 | Jun 14, 2024 | Jun 14, 2024 | Jun 28, 2024 |
| $0.0974 M | Regular | Apr 01, 2024 | May 14, 2024 | May 15, 2024 | May 31, 2024 |
| $0.0974 M | Regular | Apr 01, 2024 | Apr 12, 2024 | Apr 15, 2024 | Apr 30, 2024 |
| $0.0974 M | Regular | Jan 02, 2024 | Mar 14, 2024 | Mar 15, 2024 | Mar 28, 2024 |
| $0.0974 M | Regular | Jan 02, 2024 | Feb 14, 2024 | Feb 15, 2024 | Feb 29, 2024 |
| $0.0974 M | Regular | Jan 02, 2024 | Jan 12, 2024 | Jan 16, 2024 | Jan 31, 2024 |
| $0.0971 M | Regular | Oct 02, 2023 | Dec 14, 2023 | Dec 15, 2023 | Dec 29, 2023 |
| $0.0971 M | Regular | Oct 02, 2023 | Nov 14, 2023 | Nov 15, 2023 | Nov 30, 2023 |
| $0.0971 M | Regular | Oct 02, 2023 | Oct 12, 2023 | Oct 13, 2023 | Oct 31, 2023 |
| $0.0971 M | Regular | Jul 03, 2023 | Sep 14, 2023 | Sep 15, 2023 | Sep 29, 2023 |
| $0.0971 M | Regular | Jul 03, 2023 | Aug 14, 2023 | Aug 15, 2023 | Aug 31, 2023 |
| $0.0971 M | Regular | Jul 03, 2023 | Jul 13, 2023 | Jul 14, 2023 | Jul 31, 2023 |
| $0.0971 M | Regular | Apr 03, 2023 | Jun 14, 2023 | Jun 15, 2023 | Jun 30, 2023 |
| $0.0971 M | Regular | Apr 03, 2023 | May 12, 2023 | May 15, 2023 | May 31, 2023 |
| $0.0971 M | Regular | Apr 03, 2023 | Apr 13, 2023 | Apr 14, 2023 | Apr 28, 2023 |
| $0.0971 M | Regular | Jan 03, 2023 | Mar 14, 2023 | Mar 15, 2023 | Mar 31, 2023 |
| $0.0970 M | Regular | Jan 03, 2023 | Feb 14, 2023 | Feb 15, 2023 | Feb 28, 2023 |
| $0.0970 M | Regular | Jan 03, 2023 | Jan 12, 2023 | Jan 13, 2023 | Jan 31, 2023 |
| $0.1040 M | Regular | Oct 03, 2022 | Dec 14, 2022 | Dec 15, 2022 | Dec 30, 2022 |
| $0.1040 M | Regular | Oct 03, 2022 | Nov 14, 2022 | Nov 15, 2022 | Nov 30, 2022 |
| $0.1040 M | Regular | Oct 03, 2022 | Oct 13, 2022 | Oct 14, 2022 | Oct 31, 2022 |
| $0.1040 M | Regular | Jul 01, 2022 | Sep 15, 2022 | Sep 16, 2022 | Sep 30, 2022 |
| $0.1040 M | Regular | Jul 01, 2022 | Aug 16, 2022 | Aug 17, 2022 | Aug 31, 2022 |
| $0.1040 M | Regular | Jul 01, 2022 | Jul 14, 2022 | Jul 15, 2022 | Jul 29, 2022 |
| $0.1040 M | Regular | Apr 01, 2022 | Jun 15, 2022 | Jun 16, 2022 | Jun 30, 2022 |
| $0.1040 M | Regular | Apr 01, 2022 | May 12, 2022 | May 13, 2022 | May 31, 2022 |
| $0.1040 M | Regular | Apr 01, 2022 | Apr 13, 2022 | Apr 14, 2022 | Apr 29, 2022 |
| $0.1040 M | Regular | Mar 01, 2022 | Mar 16, 2022 | Mar 17, 2022 | Mar 31, 2022 |
Peer Comparison
Selected closed-end fund distribution payers we cover, strongest DividendRank first — for context, not a recommendation.
| Ticker | Name | Yield | 5-Yr Growth | Streak | Rank |
|---|---|---|---|---|---|
| ADKT | The Adirondack Trust Company | 4.61% | 11.3% | 5 yrs | 81 |
| FCR-UN.TO | First Capital Real Estate Investment Trust | 4.03% | 0.6% | 1 yr | 79 |
| SOR | Source Capital, Inc. | 5.42% | 8.8% | 0 yrs | 78 |
| STEW | SRH Total Return Fund, Inc. | 4.36% | 10.1% | 4 yrs | 78 |
Related Guides & Lists
RMMZ dividend — frequently asked questions
Does RiverNorth Managed Duration Municipal Income Fund II, Inc. pay a dividend?
Yes. RiverNorth Managed Duration Municipal Income Fund II, Inc. (RMMZ) currently pays a dividend. The annualized dividend is about $1.07 per share, a yield of approximately 7.54%.
What is RiverNorth Managed Duration Municipal Income Fund II, Inc.'s dividend yield?
RiverNorth Managed Duration Municipal Income Fund II, Inc.'s dividend yield is approximately 7.54%, based on the most recent regular payment annualized against the current share price. Yields move as the share price changes.
How often does RiverNorth Managed Duration Municipal Income Fund II, Inc. pay dividends?
RiverNorth Managed Duration Municipal Income Fund II, Inc. pays dividends monthly — 12 times per year.
When is RiverNorth Managed Duration Municipal Income Fund II, Inc.'s next ex-dividend date?
The next ex-dividend date on record for RiverNorth Managed Duration Municipal Income Fund II, Inc. is September 15, 2026. The associated payment is $0.0891 per share; you must own the shares before the ex-dividend date to receive it.
How long has RiverNorth Managed Duration Municipal Income Fund II, Inc. paid dividends?
RiverNorth Managed Duration Municipal Income Fund II, Inc. has 4 years of dividend payments on record.
Data updated Sep 13, 2026. This research page is generated from Dividendly's structured market and dividend dataset using the approach described on our methodology and data sources pages. Data is automatically validated using defined rules and may also be periodically reviewed. Research only, not investment advice. Spotted a data error? Report it.