DTF Tax-Free Income 2028 Term Fund Inc. to Issue Dividend of $0.03 (NYSE:DTF)

DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF - Get Free Report) declared a dividend on Tuesday, May 13th, investing.com reports. Stockholders of record on Friday, May 16th will be paid a dividend of 0.0325 per share by the investment management company on Friday, May 30th. This represents a dividend yield of 3.47%. The ex-dividend date of this dividend is Thursday, May 15th.

DTF Tax-Free Income 2028 Term Fund has decreased its dividend by an average of 5.2% per year over the last three years.

DTF Tax-Free Income 2028 Term Fund Stock Down 0.5%

Shares of DTF traded down $0.06 during trading hours on Friday, reaching $11.19. 17,920 shares of the stock traded hands, compared to its average volume of 14,315. DTF Tax-Free Income 2028 Term Fund has a 52-week low of $10.75 and a 52-week high of $11.45. The company's 50-day moving average price is $11.19 and its two-hundred day moving average price is $11.24.

DTF Tax-Free Income 2028 Term Fund Company Profile

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.