DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Get Free Report) declared a monthly dividend on Wednesday, March 19th, Wall Street Journal reports. Investors of record on Monday, June 16th will be given a dividend of 0.0325 per share by the investment management company on Monday, June 30th. This represents a $0.39 dividend on an annualized basis and a dividend yield of 3.49%. The ex-dividend date is Monday, June 16th.
DTF Tax-Free Income 2028 Term Fund has decreased its dividend by an average of 5.2% annually over the last three years.
DTF Tax-Free Income 2028 Term Fund Price Performance
NYSE DTF opened at $11.18 on Friday. 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 $11.26.
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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