abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) announced a monthly dividend on Wednesday, September 11th, Wall Street Journal reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.05 per share on Monday, September 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 5.29%. The ex-dividend date is Monday, September 23rd. This is an increase from abrdn National Municipal Income Fund’s previous monthly dividend of $0.05.
abrdn National Municipal Income Fund has decreased its dividend by an average of 7.4% per year over the last three years.
abrdn National Municipal Income Fund Price Performance
NYSE:VFL opened at $11.34 on Friday. The company’s 50 day moving average is $10.80 and its 200-day moving average is $10.42. abrdn National Municipal Income Fund has a 12 month low of $7.93 and a 12 month high of $11.37.
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.
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