DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Get Free Report) declared a monthly dividend on Thursday, September 19th, NASDAQ reports. Stockholders of record on Tuesday, October 15th will be paid a dividend of 0.0325 per share by the investment management company on Thursday, October 31st. This represents a $0.39 annualized dividend and a dividend yield of 3.45%. The ex-dividend date is Tuesday, October 15th.
DTF Tax-Free Income 2028 Term Fund has decreased its dividend payment by an average of 6.7% annually over the last three years.
DTF Tax-Free Income 2028 Term Fund Price Performance
Shares of NYSE:DTF opened at $11.30 on Monday. DTF Tax-Free Income 2028 Term Fund has a 1 year low of $10.29 and a 1 year high of $11.45. The company’s 50 day simple moving average is $11.28 and its 200 day simple moving average is $11.04.
DTF Tax-Free Income 2028 Term Fund Company Profile
DTF Tax-Free Income 2028 Term Fund Inc is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations. The fund invests in various sectors, such as water and sewer, electric utilities, prerefunded utilities, pollution control, and nonutilities.
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