abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) announced a monthly dividend on Tuesday, December 10th,Wall Street Journal reports. Investors of record on Monday, December 30th will be given a dividend of 0.05 per share on Friday, January 10th. This represents a $0.60 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date of this dividend is Monday, December 30th.
abrdn National Municipal Income Fund has decreased its dividend by an average of 7.4% annually over the last three years.
abrdn National Municipal Income Fund Trading Down 0.8 %
NYSE VFL opened at $10.08 on Friday. The company has a fifty day moving average price of $10.61 and a 200-day moving average price of $10.76. abrdn National Municipal Income Fund has a 1 year low of $9.84 and a 1 year 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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