How have RMI shares performed in 2024?

RiverNorth Opportunistic Municipal Income Fund's stock was trading at $15.23 on January 1st, 2024. Since then, RMI shares have increased by 1.2% and is now trading at $15.42. View the best growth stocks for 2024 here .

Are investors shorting RiverNorth Opportunistic Municipal Income Fund?

RiverNorth Opportunistic Municipal Income Fund saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 3,300 shares, an increase of 230.0% from the March 15th total of 1,000 shares. Based on an average daily trading volume, of 14,200 shares, the days-to-cover ratio is currently 0.2 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 Thursday, April 4th. Investors of record on Friday, June 14th will be given a dividend of $0.0965 per share on Friday, June 28th. This represents a $1.16 annualized dividend and a yield of 7.51%. The ex-dividend date of this dividend is Friday, June 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 $1.16 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?

RiverNorth Opportunistic Municipal Income Fund (RMI) raised $74 million in an initial public offering (IPO) on Wednesday, August 5th 2015. The company issued 3,800,000 shares at a price of $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.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:RMI

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

→ Biden’s $374B Giveaway Into This Sector (From DTI) (Ad)

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$15.42

-0.05 (-0.32%)

(As of 04/18/2024 ET)

Compare

Today's Range: $15.39
▼
$15.52
50-Day Range: $15.32
▼
$16.50
52-Week Range: $13.05
▼
$17.37

Volume: 18,968 shs
Average Volume: 15,930 shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: 7.52%
Price Target: N/A

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

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 Stock Price History

30 days | 90 days | 365 days | Advanced Chart

RMI Stock News Headlines

April 5, 2024 | seekingalpha.com

RiverNorth Managed Duration Muni Inc Fd

March 14, 2024 | tmcnet.com

RiverNorth Core Opportunity Fund Wins 2024 Lipper Fund Award

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

February 24, 2024 | wsj.com

PIMCO National Municipal Opportunistic Val Fd;Inst

January 22, 2024 | finance.yahoo.com

RiverNorth Closed-End Funds Declare Monthly Distributions

January 11, 2024 | money.usnews.com

RiverNorth Flexible Municipal Income Fund Inc

January 3, 2024 | msn.com

RiverNorth Municipal Income Fund declares $0.0974 dividend

November 22, 2023 | thestreet.com

RiverNorth Opportunistic Municipal Income Fund Inc.

April 19, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

September 20, 2023 | msn.com

RMM And RFMZ: A Swap Makes Sense

September 16, 2023 | fool.com

RiverNorth Flexible Municipal Income Fund (NYSE: RFM)

September 13, 2023 | finance.yahoo.com

RMI - RiverNorth Opportunistic Municipal Income Fund, Inc.

July 21, 2023 | finance.yahoo.com

XRMIX - RiverNorth Opportunistic Municipal Income Fund, Inc.

June 30, 2023 | wsj.com

Fidelity Michigan Municipal Income Fund

May 3, 2023 | msn.com

BlackRock Municipal Income Quality Trust (BYM) Declares $0.04 Dividend

May 3, 2023 | msn.com

Pimco New York Municipal Income Fund II (PNI) Declares $0.03 Dividend

April 6, 2023 | seekingalpha.com

RiverNorth Flexible Municipal Income Fund declares $0.0985 dividend

April 6, 2023 | msn.com

RiverNorth Managed Duration Municipal Income Fund (RMM) Declares $0.09 Dividend

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)

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)

December 18, 2021 | seekingalpha.com

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

See More Headlines

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Company Calendar

Today: 4/19/2024
Ex-Dividend for 5/31 Dividend: 5/14/2024
Ex-Dividend for 5/31 Dividend: 5/14/2024
Dividend Payable: 5/31/2024
Dividend Payable: 5/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Finance
Industry: Financial Conglomerates
Sub-Industry: N/A
Current Symbol: NYSE:RMI
CUSIP: N/A
CIK: 1746967
Web: www.rivernorth.com
Phone: 312-832-1440
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: $6.77 million
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

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Key Competitors

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Institutional Ownership

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RMI Stock Analysis - Frequently Asked Questions

How have RMI shares performed in 2024?: RiverNorth Opportunistic Municipal Income Fund's stock was trading at $15.23 on January 1st, 2024. Since then, RMI shares have increased by 1.2% and is now trading at $15.42.
View the best growth stocks for 2024 here.
Are investors shorting RiverNorth Opportunistic Municipal Income Fund?: RiverNorth Opportunistic Municipal Income Fund saw a increase in short interest during the month of March. As of March 31st, there was short interest totaling 3,300 shares, an increase of 230.0% from the March 15th total of 1,000 shares. Based on an average daily trading volume, of 14,200 shares, the days-to-cover ratio is currently 0.2 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 Thursday, April 4th. Investors of record on Friday, June 14th will be given a dividend of $0.0965 per share on Friday, June 28th. This represents a $1.16 annualized dividend and a yield of 7.51%. The ex-dividend date of this dividend is Friday, June 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 $1.16 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?: RiverNorth Opportunistic Municipal Income Fund (RMI) raised $74 million in an initial public offering (IPO) on Wednesday, August 5th 2015. The company issued 3,800,000 shares at a price of $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.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RMI) was last updated on 4/19/2024 by MarketBeat.com Staff

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