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RiverNorth Opportunistic Municipal Income Fund, Inc. operates as Closed-End Investment Fund/Investment Trust. It specializes in opportunistic investment strategies in niche markets. The firm operates as investment manager to registered funds, private funds and separately managed accounts. The company is headquartered in West Palm Beach, FL.

RiverNorth Opportunistic Municipal Income Fund Dividend Announcement

RiverNorth Opportunistic Municipal Income Fund announced a monthly dividend of $0.10 per ordinary share which will be made payable on 2024-12-31. Ex dividend date: 2024-12-13
RiverNorth Opportunistic Municipal Income Fund annual dividend for 2024 was $1.16
RiverNorth Opportunistic Municipal Income Fund annual dividend for 2023 was $1.17
RiverNorth Opportunistic Municipal Income Fund's trailing twelve-month (TTM) dividend yield is 7.07%
RiverNorth Opportunistic Municipal Income Fund's payout ratio for the trailing twelve months (TTM) is 93.63%
RiverNorth Opportunistic Municipal Income Fund's dividend growth over the last five years (2018-2023) was 66.35% year

RiverNorth Opportunistic Municipal Income Fund Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-12-13$0.10monthly2024-12-31
2024-11-15$0.10monthly2024-11-29
2024-10-15$0.10monthly2024-10-31
2024-09-13$0.10monthly2024-09-30
2024-08-15$0.10monthly2024-08-30
2024-07-15$0.10monthly2024-07-31
2024-06-14$0.10monthly2024-06-28
2024-05-14$0.10monthly2024-05-31
2024-04-12$0.10monthly2024-04-30
2024-03-14$0.10monthly2024-03-28
2024-02-14$0.10monthly2024-02-29
2024-01-12$0.10monthly2024-01-31
2023-12-14$0.10monthly2023-12-29
2023-11-14$0.10monthly2023-11-30
2023-10-12$0.10monthly2023-10-31
2023-09-14$0.10monthly2023-09-29
2023-08-14$0.10monthly2023-08-31
2023-07-13$0.10monthly2023-07-31
2023-06-14$0.10monthly2023-06-30
2023-05-12$0.10monthly2023-05-31
2023-04-13$0.10monthly2023-04-28
2023-03-14$0.10monthly2023-03-31
2023-02-14$0.10monthly2023-02-28
2023-01-12$0.10monthly2023-01-31
2022-12-14$0.10monthly2022-12-30
2022-11-14$0.10monthly2022-11-30
2022-10-13$0.10monthly2022-10-31
2022-09-15$0.10monthly2022-09-30
2022-08-16$0.10monthly2022-08-31
2022-07-14$0.10monthly2022-07-29
2022-06-15$0.10monthly2022-06-30
2022-05-12$0.10monthly2022-05-31
2022-04-13$0.10monthly2022-04-29
2022-03-16$0.10monthly2022-03-31
2022-02-10$0.10monthly2022-02-28
2022-01-13$0.10monthly2022-01-31
2021-12-15$0.09monthly2021-12-31
2021-11-10$0.09monthly2021-11-30
2021-10-14$0.09monthly2021-10-29
2021-09-15$0.09monthly2021-09-30
2021-08-16$0.09monthly2021-08-31
2021-07-15$0.09monthly2021-07-30
2021-06-15$0.09monthly2021-06-30
2021-05-13$0.09monthly2021-05-28
2021-04-15$0.09monthly2021-04-30
2021-03-16$0.09monthly2021-03-31
2021-02-10$0.09monthly2021-02-26
2021-01-14$0.09monthly2021-01-29
2020-12-16$0.29monthly2020-12-31
2020-11-12$0.09monthly2020-11-30
2020-10-15$0.09monthly2020-10-30
2020-09-15$0.09monthly2020-09-30
2020-08-13$0.09monthly2020-08-31
2020-07-16$0.09monthly2020-07-31
2020-06-15$0.09monthly2020-06-30
2020-05-14$0.09monthly2020-05-29
2020-04-15$0.09monthly2020-04-30
2020-03-16$0.09monthly2020-03-31
2020-02-13$0.09monthly2020-02-28
2020-01-16$0.09monthly2020-01-31
2019-12-11$0.09monthly2019-12-31
2019-11-13$0.09monthly2019-11-29
2019-10-16$0.09monthly2019-10-31
2019-09-11$0.09monthly2019-09-30
2019-08-14$0.09monthly2019-08-30
2019-07-10$0.09monthly2019-07-31
2019-06-12$0.09monthly2019-06-28
2019-05-15$0.09monthly2019-05-31
2019-04-17$0.09monthly2019-04-30
2019-03-13$0.09monthly2019-03-29
2019-02-13$0.09monthly2019-02-28
2019-01-16$0.09monthly2019-01-31
2018-12-11$0.09monthly2018-12-28

RiverNorth Opportunistic Municipal Income Fund Dividend per year

RiverNorth Opportunistic Municipal Income Fund Dividend growth

RiverNorth Opportunistic Municipal Income Fund Dividend Yield

RiverNorth Opportunistic Municipal Income Fund current trailing twelve-month (TTM) dividend yield is 7.07%. Interested in purchasing RiverNorth Opportunistic Municipal Income Fund stock? Use our calculator to estimate your expected dividend yield:

RiverNorth Opportunistic Municipal Income Fund Financial Ratios

P/E ratio13.21
PEG ratio-0.06
P/B ratio0.95
ROE7.22%
Payout ratio93.63%
Current ratio0.00
Quick ratio0.00
Cash Ratio0.03

RiverNorth Opportunistic Municipal Income Fund Dividend FAQ

How much is the next RiverNorth Opportunistic Municipal Income Fund dividend?
RiverNorth Opportunistic Municipal Income Fund's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next RiverNorth Opportunistic Municipal Income Fund dividend. The next RiverNorth Opportunistic Municipal Income Fund dividend will be released in January, February, March, April, May, June, July, August, September, October, November, or December.
When is RiverNorth Opportunistic Municipal Income Fund dividend paid?
RiverNorth Opportunistic Municipal Income Fund pays dividends on a monthly basis. The specific dates may vary each year but are generally around January, February, March, April, May, June, July, August, September, October, November, and December. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does RiverNorth Opportunistic Municipal Income Fund pay?
The specific amount of RiverNorth Opportunistic Municipal Income Fund dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find RiverNorth Opportunistic Municipal Income Fund's dividend history.
Does RiverNorth Opportunistic Municipal Income Fund stock pay dividends?
Yes, RiverNorth Opportunistic Municipal Income Fund does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find RiverNorth Opportunistic Municipal Income Fund's dividend history.
How much dividend does RiverNorth Opportunistic Municipal Income Fund pay?
RiverNorth Opportunistic Municipal Income Fund paid $1.158 in 2024, $1.168 in 2023, $1.248 in 2022, $1.103 in 2021, and $1.297 in 2020.
How often does RiverNorth Opportunistic Municipal Income Fund pay dividends?
RiverNorth Opportunistic Municipal Income Fund typically pays dividends on a monthly basis. This means that dividends are usually distributed 12 times a year. The specific payout dates may vary each year but generally fall around January, February, March, April, May, June, July, August, September, October, November, and December.
What is RiverNorth Opportunistic Municipal Income Fund's dividend yield?
The current dividend yield for RiverNorth Opportunistic Municipal Income Fund is 7.07%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate RiverNorth Opportunistic Municipal Income Fund's exact dividend yield.
When does RiverNorth Opportunistic Municipal Income Fund go ex dividend?
RiverNorth Opportunistic Municipal Income Fund's ex-dividend date for the latest dividend was on 2024-12-13. RiverNorth Opportunistic Municipal Income Fund typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next RiverNorth Opportunistic Municipal Income Fund dividend paid?
RiverNorth Opportunistic Municipal Income Fund pays dividends on a monthly basis, typically around January, February, March, April, May, June, July, August, September, October, November, or December, but the exact dates can vary each year.
Will RiverNorth Opportunistic Municipal Income Fund increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether RiverNorth Opportunistic Municipal Income Fund will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is RiverNorth Opportunistic Municipal Income Fund dividend per share?
RiverNorth Opportunistic Municipal Income Fund paid $1.158 per share in 2024 and $1.168 per share in 2023. The amount of dividend per share that RiverNorth Opportunistic Municipal Income Fund pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is RiverNorth Opportunistic Municipal Income Fund a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is RiverNorth Opportunistic Municipal Income Fund a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is RiverNorth Opportunistic Municipal Income Fund a dividend stock?
Yes, RiverNorth Opportunistic Municipal Income Fund is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is RiverNorth Opportunistic Municipal Income Fund a good dividend stock?
Whether RiverNorth Opportunistic Municipal Income Fund is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. RiverNorth Opportunistic Municipal Income Fund has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating RiverNorth Opportunistic Municipal Income Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does RiverNorth Opportunistic Municipal Income Fund pay dividends monthly?
RiverNorth Opportunistic Municipal Income Fund typically pays dividends on a monthly basis.
Does RiverNorth Opportunistic Municipal Income Fund pay dividends quarterly?
RiverNorth Opportunistic Municipal Income Fund currently pays dividends on a monthly basis.
Has RiverNorth Opportunistic Municipal Income Fund ever paid a dividend?
Yes, RiverNorth Opportunistic Municipal Income Fund has a history of paying dividends to its shareholders. RiverNorth Opportunistic Municipal Income Fund is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy RiverNorth Opportunistic Municipal Income Fund dividend stocks?
To buy RiverNorth Opportunistic Municipal Income Fund you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy RiverNorth Opportunistic Municipal Income Fund stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does RiverNorth Opportunistic Municipal Income Fund pay dividends 2024?
RiverNorth Opportunistic Municipal Income Fund pays dividends on a monthly basis. 2024 dividend payments are in 2024-12-31. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will RiverNorth Opportunistic Municipal Income Fund increase its dividend in 2024?
Decisions regarding RiverNorth Opportunistic Municipal Income Fund dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date RiverNorth Opportunistic Municipal Income Fund dividend overview you can look into the above table of dividend history.
How RiverNorth Opportunistic Municipal Income Fund dividend works?
The RiverNorth Opportunistic Municipal Income Fund dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how RiverNorth Opportunistic Municipal Income Fund's dividend process works:

1. Determination of Dividend: RiverNorth Opportunistic Municipal Income Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, RiverNorth Opportunistic Municipal Income Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, RiverNorth Opportunistic Municipal Income Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from RiverNorth Opportunistic Municipal Income Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are RiverNorth Opportunistic Municipal Income Fund dividends paid?
RiverNorth Opportunistic Municipal Income Fund dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: RiverNorth Opportunistic Municipal Income Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, RiverNorth Opportunistic Municipal Income Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: RiverNorth Opportunistic Municipal Income Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does RiverNorth Opportunistic Municipal Income Fund pay dividends?
RiverNorth Opportunistic Municipal Income Fund typically pays dividends on a monthly basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does RiverNorth Opportunistic Municipal Income Fund pay dividends?
The general pattern is that RiverNorth Opportunistic Municipal Income Fund pays dividends around January, February, March, April, May, June, July, August, September, October, November, and December. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is RiverNorth Opportunistic Municipal Income Fund dividend safe?
The safety of RiverNorth Opportunistic Municipal Income Fund's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of RiverNorth Opportunistic Municipal Income Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review RiverNorth Opportunistic Municipal Income Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.