Question 1

What is the P/E ratio of RiverNorth Flexible Municipal I (RFM)?

Accepted Answer

The trailing price-to-earnings (P/E) ratio of RiverNorth Flexible Municipal I is 161.5.

Question 2

Does RiverNorth Flexible Municipal I (RFM) pay a dividend?

Accepted Answer

Yes, RiverNorth Flexible Municipal I pays an annual dividend of 1.09 USD, yielding 7.52%.

Question 3

Are RFM dividends eligible for the Canadian dividend tax credit?

Accepted Answer

No. RiverNorth Flexible Municipal I is a US company; its dividends are subject to 15% US withholding tax when held in non-registered or TFSA accounts. In an RRSP, no withholding applies.

Question 4

What is the market capitalization of RiverNorth Flexible Municipal I?

Accepted Answer

RiverNorth Flexible Municipal I (RFM) has a market capitalization of approximately 89,458,046 USD.

Question 5

Where can I buy RFM in Canada?

Accepted Answer

RFM can be purchased through any Canadian online broker including Wealthsimple, Questrade, Qtrade, or RBC Direct Investing.

RFM

Held by these ETFs

Similar stocks

RFM

Held by these ETFs

Similar stocks

Search

Held by these ETFs

Similar stocks

Search

Held by these ETFs

Similar stocks