abrdn National Municipal Income Fund (NYSE:VFL) to Issue Monthly Dividend of $0.05

abrdn National Municipal Income Fund (NYSE:VFL) declared a monthly dividend on Wednesday, July 10th, Wall Street Journal reports. Investors of record on Wednesday, July 24th will be paid a dividend of 0.045 per share on Wednesday, July 31st. This represents a $0.54 dividend on an annualized basis and a yield of 5.12%. The ex-dividend date is Wednesday, July 24th.

abrdn National Municipal Income Fund Stock Up 1.2 %

abrdn National Municipal Income Fund stock traded up $0.13 during midday trading on Thursday, reaching $10.56. 52,019 shares of the company traded hands, compared to its average volume of 32,968. abrdn National Municipal Income Fund has a 12 month low of $7.93 and a 12 month high of $10.56. The business has a 50 day moving average of $10.29 and a two-hundred day moving average of $10.22.

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.