DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) Declares $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. Stockholders of record on Thursday, January 15th will be given a dividend of 0.0325 per share by the investment management company on Thursday, January 29th. This represents a c) annualized dividend and a dividend yield of 3.4%. The ex-dividend date is Thursday, January 15th.

DTF Tax-Free Income 2028 Term Fund Price Performance

Shares of NYSE:DTF traded down $0.02 during midday trading on Friday, reaching $11.37. 126 shares of the company were exchanged, compared to its average volume of 7,626. The business’s fifty day moving average is $11.37 and its two-hundred day moving average is $11.30. DTF Tax-Free Income 2028 Term Fund has a one year low of $10.83 and a one year 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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