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

Key Points

• The abrdn National Municipal Income Fund (NYSE:VFL) has announced a monthly dividend of $0.05 per share, payable on September 30th to shareholders on record as of September 23rd.
• This dividend represents a 5.8% annualized yield, reflecting the fund's commitment to providing returns to its investors.
• The fund primarily invests in investment grade municipal obligations, which are exempt from federal income taxes, contributing to its appeal among fixed-income investors.

abrdn National Municipal Income Fund (NYSE:VFL - Get Free Report) declared a monthly dividend on Thursday, September 11th, Wall Street Journal reports. Stockholders of record on Tuesday, September 23rd will be given a dividend of 0.05 per share on Tuesday, September 30th. This represents a c) dividend on an annualized basis and a dividend yield of 5.8%. The ex-dividend date of this dividend is Tuesday, September 23rd.

abrdn National Municipal Income Fund Price Performance

Shares of abrdn National Municipal Income Fund stock traded up $0.11 during trading on Thursday, reaching $10.27. 35,536 shares of the company's stock were exchanged, compared to its average volume of 39,086. abrdn National Municipal Income Fund has a 1-year low of $9.27 and a 1-year high of $11.43. The firm's 50-day moving average price is $9.62 and its 200 day moving average price is $9.83.

About abrdn National Municipal Income Fund

abrdn National Municipal Income Fund is a closed-ended fixed income mutual fund launched and managed by abrdn Inc It invests in the fixed income markets of the United States. The fund primarily invests in investment grade municipal obligations, the income from which is exempt from federal income taxes.

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