abrdn National Municipal Income Fund (NYSE:VFL - Get Free Report) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Stockholders of record on Friday, January 24th will be paid a dividend of 0.05 per share on Friday, January 31st. This represents a $0.60 annualized dividend and a dividend yield of 5.92%. The ex-dividend date is Friday, January 24th.
abrdn National Municipal Income Fund has raised its dividend by an average of 0.6% per year over the last three years.
abrdn National Municipal Income Fund Stock Performance
NYSE:VFL traded down $0.07 during trading hours on Monday, reaching $10.13. The company's stock had a trading volume of 25,573 shares, compared to its average volume of 32,682. The stock has a 50 day moving average price of $10.51 and a two-hundred day moving average price of $10.75. abrdn National Municipal Income Fund has a 12 month low of $9.84 and a 12 month high of $11.43.
abrdn National Municipal Income Fund Company Profile
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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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