abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Investors of record on Friday, January 24th will be paid a dividend of 0.05 per share on Friday, January 31st. This represents a $0.60 annualized dividend and a dividend yield of 5.92%. The ex-dividend date of this dividend is Friday, January 24th.
abrdn National Municipal Income Fund has raised its dividend by an average of 0.6% per year over the last three years.
abrdn National Municipal Income Fund Price Performance
Shares of NYSE VFL opened at $10.13 on Tuesday. abrdn National Municipal Income Fund has a 12 month low of $9.84 and a 12 month high of $11.43. The stock has a 50-day moving average price of $10.50 and a two-hundred day moving average price of $10.75.
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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