abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) declared a monthly dividend on Wednesday, July 10th, Wall Street Journal reports. Stockholders of record on Wednesday, July 24th will be paid a dividend of 0.045 per share on Wednesday, July 31st. This represents a $0.54 dividend on an annualized basis and a dividend yield of 5.12%. The ex-dividend date of this dividend is Wednesday, July 24th.
abrdn National Municipal Income Fund has decreased its dividend by an average of 7.4% annually over the last three years.
abrdn National Municipal Income Fund Price Performance
Shares of NYSE:VFL opened at $10.54 on Tuesday. abrdn National Municipal Income Fund has a 1 year low of $7.93 and a 1 year high of $10.65. The stock’s fifty day moving average price is $10.35 and its 200-day moving average price is $10.24.
abrdn National Municipal Income Fund Company Profile
abrdn National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by abrdn Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal obligations, the income from which is exempt from federal income taxes.
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