abrdn National Municipal Income Fund (VFL) to Issue Monthly Dividend of $0.05 on June 30th

abrdn National Municipal Income Fund (NYSE:VFL) announced a monthly dividend on Wednesday, June 11th, Wall Street Journal reports. Shareholders of record on Monday, June 23rd will be given a dividend of 0.05 per share on Monday, June 30th. This represents a $0.60 annualized dividend and a dividend yield of 6.20%. The ex-dividend date is Monday, June 23rd.

abrdn National Municipal Income Fund Stock Performance

VFL opened at $9.68 on Friday. abrdn National Municipal Income Fund has a 12 month low of $9.27 and a 12 month high of $11.43. The business has a 50-day moving average of $9.76 and a two-hundred day moving average of $10.14.

abrdn National Municipal Income Fund Company Profile

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.