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Forbes mag says this strategy "like finding money in the street" (Ad)pixel
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Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
MarketBeat Week in Review – 3/20 - 3/24
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Germany, EU reach agreement in combustion engine row
Intel co-founder, philanthropist Gordon Moore dies at 94
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
'What can we do?': Millions in African countries need power
Judge rules online archive's book service violated copyright
Forbes mag says this strategy "like finding money in the street" (Ad)pixel
Biden's moves on Alaska drilling, TikTok test young voters
Ruling halts oil exports from Iraq's Kurdish area via Turkey
NYSE:RMI

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

$15.92
+0.05 (+0.32%)
(As of 03/24/2023 12:00 AM ET)
Add
Compare
Today's Range
$15.76
▼
$15.98
50-Day Range
$15.70
▼
$18.75
52-Week Range
$14.59
▼
$20.02
Volume
3,501 shs
Average Volume
16,404 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
7.66%
Price Target
N/A

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

March 13, 2023 | wsj.com
BNY Mellon Opportunistic Municipal Securities Fund;Z
September 25, 2022 | uk.finance.yahoo.com
RiverNorth Opportunistic Municipal Income Fund, Inc. (RMI)
March 26, 2023 | Behind the Markets (Ad)
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
July 28, 2022 | apnews.com
RIVERNORTH OPPORTUNITIES FUND, INC. ANNOUNCES SHAREHOLDER APPROVAL OF INVESTMENT ADVISORY AGREEMENT WITH RIVERNORTH CAPITAL MANAGEMENT
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)
March 26, 2023 | Legacy Research (Affiliate) (Ad)
"Prepare for Five Years of Famine"
Market Wizard who predicted all indexes would be negative in 2022 shares shocking new forecast
December 18, 2021 | seekingalpha.com
RiverNorth Opportunistic Municipal Income Fund declares $1.1852 year-end dividend
April 3, 2021 | seekingalpha.com
RiverNorth Opportunistic Municipal Income Fund Inc declares $0.0917 dividend
See More Headlines
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RMI Company Calendar

Ex-Dividend for 2/28 Dividend
2/14/2023
Dividend Payable
2/28/2023
Ex-Dividend for 3/31 Dividend
3/14/2023
Today
3/25/2023
Dividend Payable
3/31/2023
Get Stock Alerts

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
$-24,984,055.00
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














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 the year. Since then, RMI shares have decreased by 2.6% and is now trading at $15.92.
View the best growth stocks for 2023 here.

Are investors shorting RiverNorth Opportunistic Municipal Income Fund?

RiverNorth Opportunistic Municipal Income Fund saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 12,900 shares, a decline of 38.9% from the February 13th total of 21,100 shares. Based on an average daily trading volume, of 22,600 shares, the days-to-cover ratio is presently 0.6 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 declared a monthly dividend on Tuesday, January 3rd. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.0974 per share on Friday, March 31st. This represents a $1.17 annualized dividend and a dividend yield of 7.34%. The ex-dividend date of this dividend 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 $1.22 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."

Who are RiverNorth Opportunistic Municipal Income Fund's major shareholders?

RiverNorth Opportunistic Municipal Income Fund's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Advisors Asset Management Inc. (0.00%), UBS Group AG (0.00%), Morgan Stanley (0.00%), Wells Fargo & Company MN (0.00%), Wedbush Securities Inc. (0.00%) and Family Management Corp (0.00%). Insiders that own company stock include Patrick W Galley, Robert A Dimella, Scott Sprauer and Stephen Andrew O'neill.
View institutional ownership trends.

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 $15.92.

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 3/26/2023 by MarketBeat.com Staff