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

DTF Tax-Free Income 2028 Term Fund Inc. (NYSE:DTF) announced a monthly dividend on Monday, December 16th, Wall Street Journal reports. Shareholders of record on Monday, March 17th will be given a dividend of 0.0325 per share by the investment management company on Monday, March 31st. This represents a $0.39 annualized dividend and a yield of 3.46%. The ex-dividend date is Monday, March 17th.

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 Down 0.0 %

Shares of DTF Tax-Free Income 2028 Term Fund stock opened at $11.27 on Friday. DTF Tax-Free Income 2028 Term Fund has a twelve month low of $10.63 and a twelve month high of $11.45. The firm’s 50-day moving average price is $11.29 and its 200 day moving average price 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.