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

DTF Tax-Free Income 2028 Term Fund logo with Finance background

Key Points

  • DTF Tax-Free Income 2028 Term Fund Inc. announced a dividend of $0.0325 per share, which indicates an impressive yield of 346.0% for shareholders recorded on August 18th.
  • The fund's stock was priced at $11.29 with a slight decrease of 0.1%, having a twelve-month low of $10.83 and a high of $11.45.
  • DTF Tax-Free Income 2028 Term Fund primarily invests in a diversified portfolio of investment-grade, tax-exempt utility obligations managed by Duff & Phelps Investment Management Co.
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DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF - Get Free Report) declared a dividend on Tuesday, August 12th, investing.com reports. Shareholders of record on Monday, August 18th will be given a dividend of 0.0325 per share by the investment management company on Friday, August 29th. This represents a yield of 346.0%. The ex-dividend date is Friday, August 15th.

DTF Tax-Free Income 2028 Term Fund Stock Down 0.1%

DTF stock opened at $11.29 on Tuesday. The stock has a 50-day simple moving average of $11.22 and a two-hundred day simple moving average of $11.23. DTF Tax-Free Income 2028 Term Fund has a twelve month low of $10.83 and a twelve month high of $11.45.

About DTF Tax-Free Income 2028 Term Fund

(Get Free Report)

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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Dividend History for DTF Tax-Free Income 2028 Term Fund (NYSE:DTF)

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