abrdn National Municipal Income Fund (NYSE:VFL) Announces $0.05 Monthly Dividend

abrdn National Municipal Income Fund (NYSE:VFL) declared a monthly dividend on Monday, November 11th,Wall Street Journal reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.05 per share on Friday, November 29th. This represents a $0.60 annualized dividend and a yield of 5.63%. The ex-dividend date is Thursday, November 21st.

abrdn National Municipal Income Fund has decreased its dividend by an average of 7.4% annually over the last three years.

abrdn National Municipal Income Fund Trading Up 0.2 %

VFL traded up $0.02 on Wednesday, hitting $10.65. 18,785 shares of the company were exchanged, compared to its average volume of 31,693. The business’s fifty day moving average is $11.01 and its 200 day moving average is $10.67. abrdn National Municipal Income Fund has a fifty-two week low of $8.87 and a fifty-two week high of $11.43.

About abrdn National Municipal Income Fund

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.