abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) declared a monthly dividend on Wednesday, December 11th,Wall Street Journal reports. Shareholders of record on Monday, December 30th will be paid 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 5.56%. The ex-dividend date is Monday, December 30th.
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
Shares of NYSE VFL traded down $0.01 during midday trading on Wednesday, reaching $10.79. 68,305 shares of the company’s stock traded hands, compared to its average volume of 31,437. The stock’s 50 day simple moving average is $10.82 and its 200-day simple moving average is $10.75. abrdn National Municipal Income Fund has a one year low of $9.63 and a one 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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