DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Get Free Report) announced a monthly dividend on Friday, June 21st, Wall Street Journal reports. Shareholders of record on Monday, September 16th will be given a dividend of 0.0325 per share by the investment management company on Monday, September 30th. This represents a $0.39 dividend on an annualized basis and a yield of 3.55%. The ex-dividend date is Monday, September 16th.
DTF Tax-Free Income 2028 Term Fund has decreased its dividend by an average of 6.7% per year over the last three years.
DTF Tax-Free Income 2028 Term Fund Price Performance
NYSE:DTF opened at $11.00 on Friday. The business has a fifty day simple moving average of $10.86 and a two-hundred day simple moving average of $10.81. DTF Tax-Free Income 2028 Term Fund has a 1 year low of $10.29 and a 1 year high of $11.19.
About DTF Tax-Free Income 2028 Term Fund
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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