abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) declared a monthly dividend on Tuesday, May 13th, Wall Street Journal reports. Investors of record on Thursday, May 22nd will be given a dividend of 0.05 per share on Friday, May 30th. This represents a $0.60 annualized dividend and a yield of 6.01%. The ex-dividend date is Thursday, May 22nd.
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 $9.99 on Tuesday. The company’s 50 day simple moving average is $9.91 and its 200 day simple moving average is $10.30. abrdn National Municipal Income Fund has a fifty-two week low of $9.27 and a fifty-two week high of $11.43.
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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