abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) declared 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 annualized dividend and a dividend yield of 5.81%. The ex-dividend date is Friday, February 21st.
abrdn National Municipal Income Fund has raised its dividend payment by an average of 1.2% annually over the last three years.
abrdn National Municipal Income Fund Trading Down 2.0 %
Shares of NYSE:VFL traded down $0.21 on Wednesday, hitting $10.32. The company’s stock had a trading volume of 68,472 shares, compared to its average volume of 35,895. abrdn National Municipal Income Fund has a 12 month low of $9.84 and a 12 month high of $11.43. The stock’s 50-day moving average is $10.39 and its two-hundred day moving average is $10.73.
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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