abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) announced a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.05 per share on Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.70%. The ex-dividend date of this dividend is Friday, February 21st.
abrdn National Municipal Income Fund has raised its dividend payment by an average of 1.2% per year over the last three years.
abrdn National Municipal Income Fund Price Performance
abrdn National Municipal Income Fund stock opened at $10.53 on Wednesday. abrdn National Municipal Income Fund has a one year low of $9.84 and a one year high of $11.43. The stock’s 50 day moving average price is $10.35 and its 200 day moving average price is $10.72.
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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