Free Trial

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

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

Key Points

  • DTF Tax-Free Income 2028 Term Fund has declared a monthly dividend of $0.0325 per share, with a yield of 3.4%, to be paid on November 28th for stockholders on record by November 17th.
  • The fund's stock opened at $11.33, with a 52-week range of $10.83 to $11.45, indicating stable performance in the market.
  • Institutional investors now hold 43.81% of the fund, with notable recent investments from firms like Sit Investment Associates and Beverly Hills Private Wealth LLC.
  • MarketBeat previews top five stocks to own in October.

DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF - Get Free Report) announced a monthly dividend on Thursday, September 18th. Stockholders of record on Monday, November 17th will be paid a dividend of 0.0325 per share by the investment management company on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 3.4%. The ex-dividend date of this dividend is Monday, November 17th.

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

DTF Tax-Free Income 2028 Term Fund stock traded up $0.01 during trading on Friday, hitting $11.33. The company had a trading volume of 13,896 shares, compared to its average volume of 4,710. DTF Tax-Free Income 2028 Term Fund has a 1-year low of $10.83 and a 1-year high of $11.45. The company's 50 day simple moving average is $11.29 and its 200-day simple moving average is $11.23.

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.

Further Reading

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

Should You Invest $1,000 in DTF Tax-Free Income 2028 Term Fund Right Now?

Before you consider DTF Tax-Free Income 2028 Term Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and DTF Tax-Free Income 2028 Term Fund wasn't on the list.

While DTF Tax-Free Income 2028 Term Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.