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S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
S&P 500   5,248.49
DOW   39,760.08
QQQ   444.83
Stock market today: World shares are mostly higher after S&P 500 sets another record
The Most Bought AI Stock by Congress Isn’t NVIDIA
5 Dividend Kings Stocks to Load Up on Now
Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
Palantir Technologies: Bearish Sentiment, Bullish Chart Signals
Mid-Cap Stocks to Outperform the Market This Cycle
Is DraftKings A Good Bet Ahead of Q1 Earnings?
NYSE:RMI

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

$16.04
+0.06 (+0.38%)
(As of 03/27/2024 ET)
Today's Range
$15.97
$16.05
50-Day Range
$15.40
$16.50
52-Week Range
$13.05
$17.37
Volume
11,449 shs
Average Volume
15,016 shs
Market Capitalization
N/A
P/E Ratio
N/A
Dividend Yield
7.23%
Price Target
N/A
RMI stock logo

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

RMI Stock News Headlines

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Company Calendar

Ex-Dividend for 2/29 Dividend
2/14/2024
Dividend Payable
2/29/2024
Ex-Dividend for 3/28 Dividend
3/14/2024
Today
3/28/2024
Dividend Payable
3/28/2024

Industry, Sector and Symbol

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

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$6.77 million

Miscellaneous

Free Float
N/A
Optionable
Not Optionable
Beta
N/A
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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 at the start of the year. Since then, RMI shares have increased by 5.3% and is now trading at $16.04.
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 in the month of March. As of March 15th, there was short interest totaling 1,000 shares, an increase of 42.9% from the February 29th total of 700 shares. Based on an average trading volume of 18,400 shares, the short-interest ratio is currently 0.1 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 Tuesday, January 2nd. Stockholders of record on Friday, March 15th will be paid a dividend of $0.0965 per share on Thursday, March 28th. This represents a $1.16 annualized dividend and a yield of 7.22%. The ex-dividend date is Thursday, March 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 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.

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

RiverNorth Opportunistic Municipal Income Fund's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Stratos Wealth Partners LTD. (0.00%), Royal Bank of Canada (0.00%), UBS Group AG (0.00%), Wolverine Asset Management LLC (0.00%), Robinson Capital Management LLC (0.00%) and NewEdge Wealth LLC (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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RMI) was last updated on 3/28/2024 by MarketBeat.com Staff

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