abrdn National Municipal Income Fund (NYSE:VFL) Plans $0.05 Monthly Dividend

abrdn National Municipal Income Fund (NYSE:VFL) declared a monthly dividend on Friday, April 10th. Investors of record on Wednesday, April 22nd will be given a dividend of 0.05 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Wednesday, April 22nd.

abrdn National Municipal Income Fund Stock Performance

abrdn National Municipal Income Fund stock opened at $10.28 on Monday. abrdn National Municipal Income Fund has a 52 week low of $9.38 and a 52 week high of $10.50. The stock has a 50-day simple moving average of $10.17 and a 200 day simple moving average of $10.20.

abrdn National Municipal Income Fund Company Profile

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.