DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF – Get Free Report) announced a monthly dividend on Wednesday, March 19th, Wall Street Journal reports. Investors of record on Monday, June 16th will be paid a dividend of 0.0325 per share by the investment management company on Monday, June 30th. This represents a $0.39 annualized dividend and a yield of 3.48%. The ex-dividend date is Monday, June 16th.
DTF Tax-Free Income 2028 Term Fund has decreased its dividend by an average of 5.2% per year over the last three years.
DTF Tax-Free Income 2028 Term Fund Stock Performance
Shares of DTF stock opened at $11.21 on Wednesday. DTF Tax-Free Income 2028 Term Fund has a 12-month low of $10.63 and a 12-month high of $11.45. The firm’s 50 day moving average is $11.28 and its 200 day moving average is $11.27.
About DTF Tax-Free Income 2028 Term Fund
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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