abrdn National Municipal Income Fund (NYSE:VFL) Announces $0.02 Monthly Dividend

by · The Cerbat Gem

abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report) announced a monthly dividend on Thursday, June 18th. Stockholders of record on Monday, June 29th will be given a dividend of 0.024 per share on Tuesday, July 7th. This represents a c) annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Monday, June 29th.

abrdn National Municipal Income Fund Price Performance

abrdn National Municipal Income Fund stock remained flat at $10.30 during mid-day trading on Friday. 26,946 shares of the company’s stock were exchanged, compared to its average volume of 33,236. The stock’s 50 day simple moving average is $10.19 and its 200 day simple moving average is $10.19. abrdn National Municipal Income Fund has a 12-month low of $9.38 and a 12-month high of $10.50.

abrdn National Municipal Income Fund Company Profile

(Get Free Report)

abrdn National Municipal Income Fund (NYSE: VFL) is a diversified, closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal income taxes. The fund primarily invests in a portfolio of municipal securities, including general obligation bonds, revenue bonds and other debt obligations issued by state and local governments across the United States.

The fund’s investment strategy emphasizes a combination of bottom-up credit research and sector allocation to build a tax-exempt portfolio.

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