Question 1

What is the P/E ratio of RiverNorth Opportunistic Munici (RMI)?

Accepted Answer

The trailing price-to-earnings (P/E) ratio of RiverNorth Opportunistic Munici is 128.7.

Question 2

Does RiverNorth Opportunistic Munici (RMI) pay a dividend?

Accepted Answer

Yes, RiverNorth Opportunistic Munici pays an annual dividend of 1.10 USD, yielding 7.13%.

Question 3

Are RMI dividends eligible for the Canadian dividend tax credit?

Accepted Answer

No. RiverNorth Opportunistic Munici 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 Opportunistic Munici?

Accepted Answer

RiverNorth Opportunistic Munici (RMI) has a market capitalization of approximately 97,402,956 USD.

Question 5

Where can I buy RMI in Canada?

Accepted Answer

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

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