abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) announced a monthly dividend on Monday, November 11th,Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.05 per share on Friday, November 29th. This represents a $0.60 dividend on an annualized basis and a yield of 5.65%. The ex-dividend date is Thursday, November 21st.
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 Stock Performance
Shares of VFL stock opened at $10.63 on Tuesday. abrdn National Municipal Income Fund has a 12 month low of $9.20 and a 12 month high of $11.43. The firm has a fifty day simple moving average of $10.98 and a two-hundred day simple moving average of $10.69.
About abrdn National Municipal Income Fund
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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