abrdn National Municipal Income Fund (VFL) to Issue Monthly Dividend of $0.05 on January 31st

abrdn National Municipal Income Fund (NYSE:VFL) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Stockholders of record on Friday, January 24th will be paid a dividend of 0.05 per share on Friday, January 31st. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.93%. The ex-dividend date is Friday, January 24th.

abrdn National Municipal Income Fund has increased its dividend by an average of 0.6% per year over the last three years.

abrdn National Municipal Income Fund Trading Down 0.1 %

Shares of abrdn National Municipal Income Fund stock opened at $10.12 on Wednesday. abrdn National Municipal Income Fund has a 1 year low of $9.84 and a 1 year high of $11.43. The company has a 50-day moving average of $10.49 and a 200 day moving average of $10.74.

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.