DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Get Free Report) declared a monthly dividend on Monday, June 17th, Wall Street Journal reports. Stockholders of record on Thursday, August 15th will be given a dividend of 0.0325 per share by the investment management company on Friday, August 30th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 3.46%. The ex-dividend date is Thursday, August 15th.
DTF Tax-Free Income 2028 Term Fund has decreased its dividend by an average of 6.7% annually over the last three years.
DTF Tax-Free Income 2028 Term Fund Stock Up 0.6 %
NYSE DTF opened at $11.29 on Wednesday. DTF Tax-Free Income 2028 Term Fund has a 12 month low of $10.29 and a 12 month high of $11.31. The company has a 50-day moving average of $11.05 and a 200-day moving average of $10.90.
About DTF Tax-Free Income 2028 Term Fund
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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