RFM Dividend Calculator

RiverNorth Flexible Municipal Income Fund, Inc. (RFM) currently yields 7.35% and paid $1.09 per share in dividends over the last 12 months, distributed monthly. Data updated 2026-07-07.

Last Close

$14.86

Dividend Yield

7.35%

12-Mo Dividend / Share

$1.09

5-Yr Div Growth / Yr

-6.5%

Raise Streak

Next Ex-Date

July 15

Project Future Income from RFM

$
$

Portfolio Value

$81,506

Year 10

Monthly Dividends

$391

Year 10

Total Invested

$70,000

Year 10

Portfolio Value & Annual Dividends — RFM

Projected Income from RFM

Year 1
Invested$16,000
Annual Div.$1,176
Monthly$98
Shares1155.9
Value$17,176
Year 2
Invested$22,000
Annual Div.$1,613
Monthly$134
Shares1692.6
Value$24,008
Year 3
Invested$28,000
Annual Div.$2,040
Monthly$170
Shares2286.5
Value$30,956
Year 4
Invested$34,000
Annual Div.$2,457
Monthly$205
Shares2940.9
Value$38,004
Year 5
Invested$40,000
Annual Div.$2,862
Monthly$238
Shares3659.4
Value$45,137
Year 6
Invested$46,000
Annual Div.$3,255
Monthly$271
Shares4445.5
Value$52,338
Year 7
Invested$52,000
Annual Div.$3,635
Monthly$303
Shares5302.9
Value$59,592
Year 8
Invested$58,000
Annual Div.$4,001
Monthly$333
Shares6235.3
Value$66,881
Year 9
Invested$64,000
Annual Div.$4,353
Monthly$363
Shares7246.5
Value$74,192
Year 10
Invested$70,000
Annual Div.$4,690
Monthly$391
Shares8340.5
Value$81,506

RFM Dividend Per Share by Year

RFM Dividend Payment History

Updated 2026-07-07

Ex-Dividend DatePay DateAmount / Share
2026-06-152026-06-30$0.09
2026-05-152026-05-29$0.09
2026-04-152026-04-30$0.09
2026-03-162026-03-31$0.09
2026-02-132026-02-27$0.09
2026-01-152026-01-30$0.09
2025-12-152025-12-31$0.09
2025-11-142025-11-28$0.09
2025-10-152025-10-31$0.09
2025-09-152025-09-30$0.09
2025-08-152025-08-29$0.09
2025-07-152025-07-31$0.09
2025-06-132025-06-30$0.09
2025-05-152025-05-30$0.09
2025-04-152025-04-30$0.09
2025-03-142025-03-31$0.09
2025-02-142025-02-28$0.09
2025-01-152025-01-31$0.09
2024-12-132024-12-31$0.10
2024-11-152024-11-29$0.10
2024-10-152024-10-31$0.10
2024-09-132024-09-30$0.10
2024-08-152024-08-30$0.10
2024-07-152024-07-31$0.10
2024-06-142024-06-28$0.10
2024-05-142024-05-31$0.10
2024-04-122024-04-30$0.10
2024-03-142024-03-28$0.10
2024-02-142024-02-29$0.10
2024-01-122024-01-31$0.10
2023-12-142023-12-29$0.10
2023-11-142023-11-30$0.10
2023-10-122023-10-31$0.10
2023-09-142023-09-29$0.10
2023-08-142023-08-31$0.10
2023-07-132023-07-31$0.10
2023-06-142023-06-30$0.10
2023-05-122023-05-31$0.10
2023-04-132023-04-28$0.50
2023-03-142023-03-31$0.10
2023-02-142023-02-28$0.10
2023-01-122023-01-31$0.10
2022-12-222022-12-30$0.04
2022-12-142022-12-30$0.11
2022-11-142022-11-30$0.11
2022-10-132022-10-31$0.11
2022-09-152022-09-30$0.11
2022-08-162022-08-31$0.11
2022-07-142022-07-29$0.11
2022-06-152022-06-30$0.11
2022-05-122022-05-31$0.11
2022-04-132022-04-29$0.11
2022-03-162022-03-31$0.11
2022-02-102022-02-28$0.11
2022-01-132022-01-31$0.11
2021-12-202021-12-31$1.05
2021-12-152021-12-31$0.10
2021-11-102021-11-30$0.10
2021-10-142021-10-29$0.10
2021-09-152021-09-30$0.10
2021-08-162021-08-31$0.10
2021-07-152021-07-30$0.10
2021-06-152021-06-30$0.10
2021-05-132021-05-28$0.10
2021-04-152021-04-30$0.10
2021-03-162021-03-31$0.10
2021-02-102021-02-26$0.10
2021-01-142021-01-29$0.10
2020-12-162020-12-31$0.38
2020-11-122020-11-30$0.10
2020-10-152020-10-30$0.10
2020-09-152020-09-30$0.10
2020-08-132020-08-31$0.10
2020-07-162020-07-31$0.10

RFM Dividend FAQ

How much does RFM pay in dividends per share?

RiverNorth Flexible Municipal Income Fund, Inc. paid $1.09 per share over the trailing 12 months on a monthly schedule. Dividend amounts can change with each declaration — the full payment history is listed below.

How often does RFM pay dividends?

RFM pays dividends monthly. The next ex-dividend date on record is July 15, 2026. Every historical ex-dividend date and amount is in the table below.

What is RFM's dividend yield?

At the last close of $14.86, RFM yields approximately 7.35% (trailing 12-month dividends divided by price). Yield moves inversely with price.

What is RFM's dividend growth rate?

RFM's dividend per share has compounded at -6.5% per year over the last 5 years (-13.1% over 3 years). Past growth does not guarantee future increases.

How much RFM do I need for $100 a month in dividends?

At the trailing payout of $1.09 per share per year, roughly 1,099 shares — about $16,331.14 at the current price. Use the calculator above to model your own target.

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Important: Data from Polygon.io, refreshed daily (2026-07-07). Prices are last close, not live quotes. Not financial advice — past dividends do not guarantee future payments. How we compute these numbers · Full disclaimer
Not financial advice. All calculators are for informational and educational purposes only. Past performance does not guarantee future results. Consult a licensed financial advisor before making investment decisions.