DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) Announces $0.03 Monthly Dividend

by · The Markets Daily

DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTFGet Free Report) declared a monthly dividend on Thursday, December 11th. Shareholders of record on Tuesday, February 17th will be given a dividend of 0.0325 per share by the investment management company on Thursday, February 26th. This represents a c) dividend on an annualized basis and a yield of 3.4%. The ex-dividend date of this dividend is Tuesday, February 17th.

DTF Tax-Free Income 2028 Term Fund Stock Down 0.1%

Shares of DTF Tax-Free Income 2028 Term Fund stock traded down $0.02 on Friday, reaching $11.37. 126 shares of the company traded hands, compared to its average volume of 7,626. The company has a 50 day moving average of $11.37 and a 200 day moving average of $11.30. DTF Tax-Free Income 2028 Term Fund has a 52 week low of $10.83 and a 52 week high of $11.50.

DTF Tax-Free Income 2028 Term Fund Company Profile

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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.

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