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

DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) declared a monthly dividend on Monday, December 16th,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.0325 per share by the investment management company on Friday, January 31st. This represents a $0.39 annualized dividend and a yield of 3.47%. The ex-dividend date is Wednesday, January 15th.

DTF Tax-Free Income 2028 Term Fund has decreased its dividend payment by an average of 6.7% annually over the last three years.

DTF Tax-Free Income 2028 Term Fund Stock Performance

Shares of NYSE:DTF traded down $0.06 during trading on Tuesday, reaching $11.24. The stock had a trading volume of 115,402 shares, compared to its average volume of 15,613. DTF Tax-Free Income 2028 Term Fund has a fifty-two week low of $10.63 and a fifty-two week high of $11.45. The business has a fifty day moving average price of $11.28 and a 200-day moving average price of $11.19.

DTF Tax-Free Income 2028 Term Fund Company Profile

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.