abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) declared a monthly dividend on Monday, August 12th, Wall Street Journal reports. Shareholders of record on Friday, August 23rd will be paid a dividend of 0.045 per share on Friday, August 30th. This represents a $0.54 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date is Friday, August 23rd.
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 Price Performance
NYSE VFL traded up $0.03 during trading on Monday, reaching $10.82. 34,301 shares of the company’s stock were exchanged, compared to its average volume of 33,305. The business has a 50 day moving average price of $10.50 and a 200-day moving average price of $10.28. abrdn National Municipal Income Fund has a fifty-two week low of $7.93 and a fifty-two week high of $10.95.
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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