abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) declared a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.05 per share on Monday, March 31st. This represents a $0.60 dividend on an annualized basis and a yield of 5.83%. The ex-dividend date is Tuesday, March 25th.
abrdn National Municipal Income Fund has raised its dividend by an average of 1.2% per year over the last three years.
abrdn National Municipal Income Fund Stock Performance
Shares of abrdn National Municipal Income Fund stock opened at $10.29 on Friday. The business has a 50-day moving average of $10.46 and a 200 day moving average of $10.66. abrdn National Municipal Income Fund has a 12 month low of $9.84 and a 12 month high of $11.43.
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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