abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) declared a monthly dividend on Wednesday, February 12th,Wall Street Journal reports. Investors of record on Friday, February 21st will be paid a dividend of 0.05 per share on Friday, February 28th. This represents a $0.60 annualized dividend and a yield of 5.81%. The ex-dividend date is Friday, February 21st.
abrdn National Municipal Income Fund has increased its dividend payment by an average of 1.2% per year over the last three years.
abrdn National Municipal Income Fund Stock Performance
Shares of VFL traded down $0.21 during mid-day trading on Wednesday, hitting $10.32. 68,472 shares of the company traded hands, compared to its average volume of 35,895. The business has a 50 day moving average of $10.39 and a 200 day moving average of $10.73. 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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