DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF - Get Free Report) declared a monthly dividend on Wednesday, December 18th,Wall Street Journal reports. Stockholders of record on Monday, March 17th will be paid a dividend of 0.0325 per share by the investment management company on Monday, March 31st. This represents a $0.39 annualized dividend and a dividend yield of 3.48%. The ex-dividend date of this dividend is Monday, March 17th.
DTF Tax-Free Income 2028 Term Fund has decreased its dividend payment by an average of 6.7% per year over the last three years.
DTF Tax-Free Income 2028 Term Fund Trading Down 0.2 %
Shares of NYSE DTF traded down $0.02 during trading on Wednesday, reaching $11.22. The company had a trading volume of 13,914 shares, compared to its average volume of 15,606. DTF Tax-Free Income 2028 Term Fund has a 52 week low of $10.63 and a 52 week high of $11.45. The business's 50 day moving average price is $11.28 and its 200-day moving average price is $11.19.
About DTF Tax-Free Income 2028 Term Fund
(
Get Free Report)
DTF Tax-Free Income 2028 Term Fund Inc is a closed-ended fixed income mutual fund launched by Virtus Investment Partners, Inc The fund is managed by Duff & Phelps Investment Management Co It invests primarily in a diversified portfolio of investment grade tax-exempt utility obligations. The fund invests in various sectors, such as water and sewer, electric utilities, prerefunded utilities, pollution control, and nonutilities.
Further Reading
Before you consider DTF Tax-Free Income 2028 Term Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DTF Tax-Free Income 2028 Term Fund wasn't on the list.
While DTF Tax-Free Income 2028 Term Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Almost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
