abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) announced a monthly dividend on Tuesday, December 10th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be given a dividend of 0.05 per share on Friday, January 10th. This represents a $0.60 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date is Monday, December 30th.
abrdn National Municipal Income Fund has decreased its dividend payment by an average of 7.4% per year over the last three years.
abrdn National Municipal Income Fund Trading Down 0.8 %
Shares of NYSE VFL opened at $10.08 on Friday. The firm’s 50-day moving average price is $10.61 and its 200-day moving average price is $10.76. abrdn National Municipal Income Fund has a 1-year low of $9.84 and a 1-year high of $11.43.
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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