RFMZ Dividend Calculator

RiverNorth Flexible Municipal Income Fund II, Inc. (RFMZ) currently yields 7.33% and paid $1.00 per share in dividends over the last 12 months, distributed monthly. Data updated 2026-07-07.

Last Close

$13.61

Dividend Yield

7.33%

12-Mo Dividend / Share

$1.00

5-Yr Div Growth / Yr

+27.2%

Raise Streak

Next Ex-Date

July 15

Project Future Income from RFMZ

$
$

Portfolio Value

$431,920

Year 10

Monthly Dividends

$4,227

Year 10

Total Invested

$70,000

Year 10

Portfolio Value & Annual Dividends — RFMZ

Projected Income from RFMZ

Year 1
Invested$16,000
Annual Div.$1,172
Monthly$98
Shares1261.7
Value$17,172
Year 2
Invested$22,000
Annual Div.$2,070
Monthly$173
Shares1759.9
Value$28,512
Year 3
Invested$28,000
Annual Div.$3,341
Monthly$278
Shares2244.2
Value$43,282
Year 4
Invested$34,000
Annual Div.$5,142
Monthly$429
Shares2729.5
Value$62,665
Year 5
Invested$40,000
Annual Div.$7,699
Monthly$642
Shares3230.8
Value$88,296
Year 6
Invested$46,000
Annual Div.$11,341
Monthly$945
Shares3763.8
Value$122,448
Year 7
Invested$52,000
Annual Div.$16,552
Monthly$1,379
Shares4346.1
Value$168,314
Year 8
Invested$58,000
Annual Div.$24,050
Monthly$2,004
Shares4998.0
Value$230,410
Year 9
Invested$64,000
Annual Div.$34,904
Monthly$2,909
Shares5743.3
Value$315,184
Year 10
Invested$70,000
Annual Div.$50,725
Monthly$4,227
Shares6611.6
Value$431,920

RFMZ Dividend Per Share by Year

RFMZ Dividend Payment History

Updated 2026-07-07

Ex-Dividend DatePay DateAmount / Share
2026-06-152026-06-30$0.08
2026-05-152026-05-29$0.08
2026-04-152026-04-30$0.08
2026-03-162026-03-31$0.08
2026-02-132026-02-27$0.08
2026-01-152026-01-30$0.08
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$0.09
2024-11-152024-11-29$0.09
2024-10-152024-10-31$0.09
2024-09-132024-09-30$0.09
2024-08-152024-08-30$0.09
2024-07-152024-07-31$0.09
2024-06-142024-06-28$0.09
2024-05-142024-05-31$0.09
2024-04-122024-04-30$0.09
2024-03-142024-03-28$0.09
2024-02-142024-02-29$0.09
2024-01-122024-01-31$0.09
2023-12-142023-12-29$0.09
2023-11-142023-11-30$0.09
2023-10-122023-10-31$0.09
2023-09-142023-09-29$0.09
2023-08-142023-08-31$0.09
2023-07-132023-07-31$0.09
2023-06-142023-06-30$0.09
2023-05-122023-05-31$0.09
2023-04-132023-04-28$0.09
2023-03-142023-03-31$0.09
2023-02-142023-02-28$0.09
2023-01-122023-01-31$0.09
2022-12-142022-12-30$0.09
2022-11-142022-11-30$0.09
2022-10-132022-10-31$0.09
2022-09-152022-09-30$0.09
2022-08-162022-08-31$0.09
2022-07-142022-07-29$0.09
2022-06-152022-06-30$0.09
2022-05-122022-05-31$0.09
2022-04-132022-04-29$0.09
2022-03-162022-03-31$0.09
2022-02-102022-02-28$0.09
2022-01-132022-01-31$0.09
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

RFMZ Dividend FAQ

How much does RFMZ pay in dividends per share?

RiverNorth Flexible Municipal Income Fund II, Inc. paid $1.00 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 RFMZ pay dividends?

RFMZ 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 RFMZ's dividend yield?

At the last close of $13.61, RFMZ yields approximately 7.33% (trailing 12-month dividends divided by price). Yield moves inversely with price.

What is RFMZ's dividend growth rate?

RFMZ's dividend per share has compounded at 27.2% per year over the last 5 years (-2.5% over 3 years). Past growth does not guarantee future increases.

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

At the trailing payout of $1.00 per share per year, roughly 1,204 shares — about $16,386.44 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.