DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Get Free Report) announced a monthly dividend on Monday, June 17th, Wall Street Journal reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.0325 per share by the investment management company on Friday, August 30th. This represents a $0.39 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend is Thursday, August 15th.
DTF Tax-Free Income 2028 Term Fund has decreased its dividend payment by an average of 6.7% per year over the last three years.
DTF Tax-Free Income 2028 Term Fund Price Performance
Shares of NYSE DTF opened at $11.29 on Wednesday. The company’s fifty day moving average price is $11.05 and its 200 day moving average price is $10.90. DTF Tax-Free Income 2028 Term Fund has a 1 year low of $10.29 and a 1 year high of $11.31.
DTF Tax-Free Income 2028 Term Fund Company Profile
DTF Tax-Free Income 2028 Term Fund Inc is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations. The fund invests in various sectors, such as water and sewer, electric utilities, prerefunded utilities, pollution control, and nonutilities.
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