RiverNorth Flexible Municipal Income Fund II (RFMZ) Dividend History
RFMZ latest distribution
Payable in 66 days to holders on the record date. Next monthly distribution expected around January 15 (not yet announced).
- 8.21%trailing 12-month yield
- $0.97paid in the last 12 months
- Monthly12 payments a year
- 2021paying since
RFMZ dividend income calculator
- Income a year
- $97
- Each payment
- $8
- Value of the shares
- $1,184
- Yield
- 8.21%
At the latest close; trailing 12-month distributions of $0.97 per share, before tax.
RFMZ distributions per share by year
Calendar years by ex-dividend date. Yield = the year's distributions divided by the year-end price.
RFMZ distribution payments
Each bar is one payment, by ex-dividend month (last 36 payments).
RFMZ distributions by year
| Year | Per share | Growth | Yield (year-end) | Payments |
|---|---|---|---|---|
| 2026to date | $0.9612 | — | — | 12 |
| 2025 | $1.03 | −1.1% | 8.15% | 12 |
| 2024 | $1.04 | 0.0% | 7.79% | 12 |
| 2023 | $1.04 | −9.7% | 7.97% | 12 |
| 2022 | $1.16 | +28.4% | 8.54% | 13 |
| 2021partial | $0.9000 | — | 4.53% | 9 |
Full history in the distribution table below.
RFMZ yield on cost
| Bought | Paid | Yield on cost | Paid out since | % of price |
|---|---|---|---|---|
| 1 year ago | $12.91 | 7.53% | $1.13 | 8.8% |
| 3 years ago | $11.85 | 8.21% | $3.21 | 27.1% |
| 5 years ago | $20.18 | 4.82% | $5.44 | 26.9% |
Trailing 12-month distributions as a yield on the price paid then, and the distributions one share has paid since (before tax).
RFMZ yield vs similar ETFs
| ETF | Fund | Yield | Expense ratio |
|---|---|---|---|
| RFMZ | RiverNorth Flexible Municipal Income Fund II | 8.21% | — |
| SPY | SPDR S&P 500 ETF | 0.99% | 0.09% |
| VTI | Vanguard Total Stock Market ETF | 1.03% | 0.03% |
| SCHD | Schwab U.S. Dividend Equity ETF | 3.38% | 0.05% |
| VYM | Vanguard High Dividend Yield ETF | 2.42% | 0.04% |
| QQQ | Invesco QQQ ETF | 0.42% | 0.17% |
| IWM | iShares Russell 2000 ETF | 0.97% | 0.19% |
Trailing 12-month distribution yield as reported by EODHD.
RFMZ distribution history
70 payments| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2026-12-15 | 2026-12-15 | 2026-12-31 | $0.0804 | 0.0% |
| 2026-11-16 | 2026-11-16 | 2026-11-30 | $0.0804 | 0.0% |
| 2026-10-16 | 2026-10-16 | 2026-10-30 | $0.0804 | +0.5% |
| 2026-09-15 | 2026-09-15 | 2026-09-30 | $0.0800 | 0.0% |
| 2026-08-14 | 2026-08-14 | 2026-08-31 | $0.0800 | 0.0% |
| 2026-07-15 | 2026-07-15 | 2026-07-31 | $0.0800 | 0.0% |
| 2026-06-15 | 2026-06-15 | 2026-06-30 | $0.0800 | 0.0% |
| 2026-05-15 | 2026-05-15 | 2026-05-29 | $0.0800 | 0.0% |
| 2026-04-15 | 2026-04-15 | 2026-04-30 | $0.0800 | 0.0% |
| 2026-03-16 | 2026-03-16 | 2026-03-31 | $0.0800 | 0.0% |
| 2026-02-13 | 2026-02-13 | 2026-02-27 | $0.0800 | 0.0% |
| 2026-01-15 | 2026-01-15 | 2026-01-30 | $0.0800 | −7.0% |
Show all 70 distributions
| Ex-dividend date | Record date | Payment date | Amount | Change |
|---|---|---|---|---|
| 2025-12-15 | 2025-12-15 | 2025-12-31 | $0.0860 | 0.0% |
| 2025-11-14 | 2025-11-14 | 2025-11-28 | $0.0860 | 0.0% |
| 2025-10-15 | 2025-10-15 | 2025-10-31 | $0.0860 | 0.0% |
| 2025-09-15 | 2025-09-15 | 2025-09-30 | $0.0860 | 0.0% |
| 2025-08-15 | 2025-08-15 | 2025-08-29 | $0.0860 | 0.0% |
| 2025-07-15 | 2025-07-15 | 2025-07-31 | $0.0860 | 0.0% |
| 2025-06-13 | 2025-06-13 | 2025-06-30 | $0.0860 | 0.0% |
| 2025-05-15 | 2025-05-15 | 2025-05-30 | $0.0860 | 0.0% |
| 2025-04-15 | 2025-04-15 | 2025-04-30 | $0.0860 | 0.0% |
| 2025-03-14 | 2025-03-14 | 2025-03-31 | $0.0860 | 0.0% |
| 2025-02-14 | 2025-02-14 | 2025-02-28 | $0.0860 | 0.0% |
| 2025-01-15 | 2025-01-15 | 2025-01-31 | $0.0860 | −1.1% |
| 2024-12-13 | 2024-12-13 | 2024-12-31 | $0.0870 | 0.0% |
| 2024-11-15 | 2024-11-15 | 2024-11-29 | $0.0870 | 0.0% |
| 2024-10-15 | 2024-10-15 | 2024-10-31 | $0.0870 | 0.0% |
| 2024-09-13 | 2024-09-13 | 2024-09-30 | $0.0870 | 0.0% |
| 2024-08-15 | 2024-08-15 | 2024-08-30 | $0.0870 | 0.0% |
| 2024-07-15 | 2024-07-15 | 2024-07-31 | $0.0870 | 0.0% |
| 2024-06-14 | 2024-06-14 | 2024-06-28 | $0.0870 | 0.0% |
| 2024-05-14 | 2024-05-15 | 2024-05-31 | $0.0870 | 0.0% |
| 2024-04-12 | 2024-04-15 | 2024-04-30 | $0.0870 | 0.0% |
| 2024-03-14 | 2024-03-15 | 2024-03-28 | $0.0870 | 0.0% |
| 2024-02-14 | 2024-02-15 | 2024-02-29 | $0.0870 | 0.0% |
| 2024-01-12 | 2024-01-16 | 2024-01-31 | $0.0870 | 0.0% |
| 2023-12-14 | 2023-12-15 | 2023-12-29 | $0.0870 | 0.0% |
| 2023-11-14 | 2023-11-15 | 2023-11-30 | $0.0870 | 0.0% |
| 2023-10-12 | 2023-10-13 | 2023-10-31 | $0.0870 | 0.0% |
| 2023-09-14 | 2023-09-15 | 2023-09-29 | $0.0870 | 0.0% |
| 2023-08-14 | 2023-08-15 | 2023-08-31 | $0.0870 | 0.0% |
| 2023-07-13 | 2023-07-14 | 2023-07-31 | $0.0870 | 0.0% |
| 2023-06-14 | 2023-06-15 | 2023-06-30 | $0.0870 | 0.0% |
| 2023-05-12 | 2023-05-15 | 2023-05-31 | $0.0870 | 0.0% |
| 2023-04-13 | 2023-04-14 | 2023-04-28 | $0.0870 | 0.0% |
| 2023-03-14 | 2023-03-15 | 2023-03-31 | $0.0870 | 0.0% |
| 2023-02-14 | 2023-02-15 | 2023-02-28 | $0.0870 | 0.0% |
| 2023-01-12 | 2023-01-13 | 2023-01-31 | $0.0870 | +117.5% |
| 2022-12-22 | — | — | $0.0400 | −57.0% |
| 2022-12-14 | 2022-12-15 | 2022-12-30 | $0.0930 | 0.0% |
| 2022-11-14 | 2022-11-15 | 2022-11-30 | $0.0930 | 0.0% |
| 2022-10-13 | 2022-10-14 | 2022-10-31 | $0.0930 | 0.0% |
| 2022-09-15 | 2022-09-16 | 2022-09-30 | $0.0930 | 0.0% |
| 2022-08-16 | 2022-08-17 | 2022-08-31 | $0.0930 | 0.0% |
| 2022-07-14 | 2022-07-15 | 2022-07-29 | $0.0930 | 0.0% |
| 2022-06-15 | 2022-06-16 | 2022-06-30 | $0.0930 | 0.0% |
| 2022-05-12 | 2022-05-13 | 2022-05-31 | $0.0930 | 0.0% |
| 2022-04-13 | 2022-04-14 | 2022-04-29 | $0.0930 | 0.0% |
| 2022-03-16 | 2022-03-17 | 2022-03-31 | $0.0930 | 0.0% |
| 2022-02-10 | 2022-02-11 | 2022-02-28 | $0.0930 | 0.0% |
| 2022-01-13 | 2022-01-14 | 2022-01-31 | $0.0930 | −7.0% |
| 2021-12-15 | 2021-12-16 | 2021-12-31 | $0.1000 | 0.0% |
| 2021-11-10 | 2021-11-12 | 2021-11-30 | $0.1000 | 0.0% |
| 2021-10-14 | 2021-10-15 | 2021-10-29 | $0.1000 | 0.0% |
| 2021-09-15 | 2021-09-16 | 2021-09-30 | $0.1000 | 0.0% |
| 2021-08-16 | 2021-08-17 | 2021-08-31 | $0.1000 | 0.0% |
| 2021-07-15 | 2021-07-16 | 2021-07-30 | $0.1000 | 0.0% |
| 2021-06-15 | 2021-06-16 | 2021-06-30 | $0.1000 | 0.0% |
| 2021-05-13 | 2021-05-14 | 2021-05-28 | $0.1000 | 0.0% |
| 2021-04-15 | 2021-04-16 | 2021-04-30 | $0.1000 | — |
Amounts per share. Highlighted rows are declared but not yet paid.
RFMZ dividend overview
RiverNorth Flexible Municipal Income Fund II pays monthly distributions made up of income from its holdings, less fund expenses. Over the past 12 months it paid $0.97 per share, a yield of 8.21% at the latest close of $11.84. In 2025 it paid $1.03 per share, down 1.1% from 2024.
Payment amounts vary because they pass through what the fund earned during the period. ETF distributions may include qualified dividends, ordinary income, return of capital and capital gains; the fund's annual tax statement has the breakdown.
Related: RFMZ chart, RFMZ performance, RFMZ overview.
RFMZ dividends FAQ
Does RFMZ pay a dividend?
Yes. RFMZ pays monthly distributions and has paid them since 2021. The most recent was $0.0804 per share with an ex-dividend date of December 15, 2026, payable December 31, 2026.
What is the RFMZ dividend yield?
RFMZ paid $0.97 per share over the past 12 months, a trailing yield of 8.21% at the latest close of $11.84.
When is the next RFMZ dividend?
The next monthly distribution has not been announced yet. Based on the usual schedule the next ex-dividend date should fall around January 15, 2027.
How often does RFMZ pay dividends?
RFMZ pays distributions monthly, 12 times a year.
How much did RFMZ pay in dividends in 2025?
RFMZ paid $1.03 per share in 12 distributions in 2025.
How much income does 100 shares of RFMZ pay?
100 shares of RFMZ would have paid about $97 over the past 12 months, before tax.