abrdn National Municipal Income Fund (NYSE:VFL – Get Free Report)’s stock price rose 0.2% during mid-day trading on Monday . The company traded as high as $9.94 and last traded at $9.93. Approximately 29,624 shares were traded during mid-day trading, a decline of 16% from the average daily volume of 35,308 shares. The stock had previously closed at $9.91.
abrdn National Municipal Income Fund Stock Performance
The business has a 50 day moving average of $10.17 and a two-hundred day moving average of $9.79.
abrdn National Municipal Income Fund Increases Dividend
The company also recently declared a monthly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Tuesday, April 23rd will be given a dividend of $0.045 per share. This represents a $0.54 annualized dividend and a dividend yield of 5.44%. This is a positive change from abrdn National Municipal Income Fund’s previous monthly dividend of $0.04. The ex-dividend date of this dividend is Monday, April 22nd.
Institutional Investors Weigh In On abrdn National Municipal Income Fund
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.
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