DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF - Get Free Report) announced a dividend on Tuesday, May 13th, investing.com reports. Shareholders 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 yield of 3.47%. The ex-dividend date is Thursday, May 15th.
DTF Tax-Free Income 2028 Term Fund has decreased its dividend payment by an average of 5.2% per year over the last three years.
DTF Tax-Free Income 2028 Term Fund Price Performance
Shares of DTF Tax-Free Income 2028 Term Fund stock remained flat at $11.23 during trading on Friday. 145 shares of the stock traded hands, compared to its average volume of 14,236. The stock has a fifty day moving average of $11.19 and a two-hundred day moving average of $11.24. DTF Tax-Free Income 2028 Term Fund has a one year low of $10.75 and a one year high of $11.45.
About DTF Tax-Free Income 2028 Term Fund
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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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