S&P 500   4,288.05
DOW   33,507.50
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Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
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Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
66,000% upside on tiny biotech? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
66,000% upside on tiny biotech? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
S&P 500   4,288.05
DOW   33,507.50
QQQ   358.27
Will the Energy Sector Continue to Outshine the Market?
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
Borrowers are reassessing their budgets as student loan payments resume after pandemic pause
In a good sign for China's struggling economy, factory activity grows for the first time in 6 months
Buy This Stock for AI Tidal Wave (not NVDA) (Ad)
MarketBeat Week in Review – 9/25 - 9/29
Cyprus hails Moody's two-notch credit rating upgrade bringing the country into investment grade
66,000% upside on tiny biotech? (Ad)
Almost all of Nagorno-Karabakh's people have left, Armenia's government says
Federal agency sues Chipotle after a Kansas manager allegedly ripped off an employee's hijab
NYSE:RMI

RiverNorth Opportunistic Municipal Income Fund (RMI) Stock Forecast, Price & News

$14.36
+0.05 (+0.35%)
(As of 09/29/2023 ET)
Compare
Today's Range
$14.27
$14.71
50-Day Range
$14.31
$17.00
52-Week Range
$14.14
$19.12
Volume
22,673 shs
Average Volume
14,668 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
8.22%
Price Target
N/A

RMI stock logo

About RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) Stock

The RiverNorth Opportunistic Municipal Income Fund, Inc. (the "Fund") seeks to provide current income exempt from regular U.S. federal income taxes1 with a secondary objective of total return.

RMI Price History

RMI Stock News Headlines

RMM And RFMZ: A Swap Makes Sense
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
RMI - RiverNorth Opportunistic Municipal Income Fund, Inc.
66,000% upside on tiny biotech?
The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)
Weekly Closed-End Fund Roundup: June 5, 2022
See More Headlines
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RMI Company Calendar

Ex-Dividend for 8/31 Dividend
8/14/2023
Dividend Payable
8/31/2023
Ex-Dividend for 9/29 Dividend
9/14/2023
Dividend Payable
9/29/2023
Today
9/30/2023

Industry, Sector and Symbol

Industry
Financial Conglomerates
Sub-Industry
N/A
Sector
Finance
Fax
N/A
Employees
147,000
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$4.50 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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RMI Stock - Frequently Asked Questions

How have RMI shares performed in 2023?

RiverNorth Opportunistic Municipal Income Fund's stock was trading at $16.35 at the start of the year. Since then, RMI stock has decreased by 12.2% and is now trading at $14.36.
View the best growth stocks for 2023 here
.

Are investors shorting RiverNorth Opportunistic Municipal Income Fund?

RiverNorth Opportunistic Municipal Income Fund saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,300 shares, an increase of 760.0% from the August 31st total of 500 shares. Based on an average trading volume of 12,400 shares, the short-interest ratio is presently 0.3 days.
View RiverNorth Opportunistic Municipal Income Fund's Short Interest
.

How often does RiverNorth Opportunistic Municipal Income Fund pay dividends? What is the dividend yield for RiverNorth Opportunistic Municipal Income Fund?

RiverNorth Opportunistic Municipal Income Fund announced a monthly dividend on Monday, July 3rd. Shareholders of record on Friday, September 15th will be paid a dividend of $0.0974 per share on Friday, September 29th. This represents a $1.17 annualized dividend and a dividend yield of 8.14%. The ex-dividend date is Thursday, September 14th.
Read our dividend analysis for RMI
.

Is RiverNorth Opportunistic Municipal Income Fund a good dividend stock?

RiverNorth Opportunistic Municipal Income Fund (NYSE:RMI) pays an annual dividend of $1.18 per share and currently has a dividend yield of 0.05%.
Read our dividend analysis for RMI.

When did RiverNorth Opportunistic Municipal Income Fund IPO?

(RMI) raised $74 million in an initial public offering (IPO) on Wednesday, August 5th 2015. The company issued 3,800,000 shares at $19.00-$20.00 per share. Baird, Keefe, Bruyette & Woods (A Stifel Company) and SunTrust Robinson Humphrey served as the underwriters for the IPO and Nomura, Oppenheimer and J.J.B. Hilliard, W.L. Lyons were co-managers.

What is RiverNorth Opportunistic Municipal Income Fund's stock symbol?

RiverNorth Opportunistic Municipal Income Fund trades on the New York Stock Exchange (NYSE) under the ticker symbol "RMI."

How do I buy shares of RiverNorth Opportunistic Municipal Income Fund?

Shares of RMI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is RiverNorth Opportunistic Municipal Income Fund's stock price today?

One share of RMI stock can currently be purchased for approximately $14.36.

How many employees does RiverNorth Opportunistic Municipal Income Fund have?

The company employs 147,000 workers across the globe.

How can I contact RiverNorth Opportunistic Municipal Income Fund?

RiverNorth Opportunistic Municipal Income Fund's mailing address is 325 North LaSalle Street, Suite 645, Chicago, IL 60654, United States, . The official website for the company is www.rivernorth.com. The company can be reached via phone at 312-832-1440.

This page (NYSE:RMI) was last updated on 9/30/2023 by MarketBeat.com Staff

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