NYSE:RMI

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

$18.05

-0.30 (-1.63%)

(As of 01/27/2023 12:00 AM ET)

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Today's Range: $17.83
▼
$18.35
50-Day Range: $16.22
▼
$18.35
52-Week Range: $14.59
▼
$20.93

Volume: 26,226 shs
Average Volume: 14,529 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 0.05%
Price Target: N/A

Institutional Ownership

About RiverNorth Opportunistic Municipal Income Fund

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.

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RMI Stock News Headlines

September 25, 2022 | uk.finance.yahoo.com

RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)

July 28, 2022 | apnews.com

RIVERNORTH OPPORTUNITIES FUND, INC. ANNOUNCES SHAREHOLDER APPROVAL OF INVESTMENT ADVISORY AGREEMENT WITH RIVERNORTH CAPITAL MANAGEMENT

January 28, 2023 | Porter & Company (Ad)

The Next Big Crisis Is Here

You just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.

July 6, 2022 | seekingalpha.com

RiverNorth Opportunistic Municipal Income Fund Inc declares $0.104 dividend

June 14, 2022 | seekingalpha.com

Weekly Closed-End Fund Roundup: June 5, 2022

April 12, 2022 | seekingalpha.com

RiverNorth Opportunistic Municipal Income Fund goes ex-dividend tomorrow

January 15, 2022 | nasdaq.com

RiverNorth Opportunistic Municipal Income Fund, Inc. Common Stock (RMI)

December 18, 2021 | seekingalpha.com

RiverNorth Opportunistic Municipal Income Fund declares $1.1852 year-end dividend

January 28, 2023 | Porter & Company (Ad)

Is This The End of Capitalism?

EXPOSED: The establishment plot to disenfranchise and impoverish millions of Americans…

April 3, 2021 | seekingalpha.com

RiverNorth Opportunistic Municipal Income Fund Inc declares $0.0917 dividend

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30 days | 90 days | 365 days | Advanced Chart

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RMI Company Calendar

Today: 1/28/2023
Ex-Dividend for 2/28 Dividend: 2/14/2023
Ex-Dividend for 2/28 Dividend: 2/14/2023
Dividend Payable: 2/28/2023
Dividend Payable: 2/28/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Financial Conglomerates
Sub-Industry: N/A
Sector: Finance
Current Symbol: NYSE:RMI
CUSIP: N/A
CIK: 1746967
Web: www.rivernorth.com
Phone: N/A
Fax: N/A
Employees: 147,000
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Competitors

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Insiders & Institutions

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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 beginning of 2023. Since then, RMI stock has increased by 10.4% and is now trading at $18.05.
View the best growth stocks for 2023 here.
Are investors shorting RiverNorth Opportunistic Municipal Income Fund?: RiverNorth Opportunistic Municipal Income Fund saw a decrease in short interest in the month of January. As of January 15th, there was short interest totaling 28,700 shares, a decrease of 15.3% from the December 31st total of 33,900 shares. Based on an average daily volume of 27,800 shares, the days-to-cover ratio is presently 1.0 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 Friday, January 6th. Shareholders of record on Wednesday, March 15th will be paid a dividend of $0.0974 per share on Friday, March 31st. This represents a $1.17 dividend on an annualized basis and a dividend yield of 6.48%. The ex-dividend date is Tuesday, March 14th. This is a positive change from the stock's previous monthly dividend of $0.10.
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 $1.10 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 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 acted 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 $18.05.
How many employees does RiverNorth Opportunistic Municipal Income Fund have?: The company employs 147,000 workers across the globe.

This page (NYSE:RMI) was last updated on 1/28/2023 by MarketBeat.com Staff

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