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

abrdn National Municipal Income Fund (NYSE:VFLGet Free Report) declared a monthly dividend on Monday, May 11th. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.05 per share on Friday, May 29th. This represents a c) annualized dividend and a yield of 5.8%. The ex-dividend date is Thursday, May 21st.

abrdn National Municipal Income Fund Stock Performance

Shares of VFL opened at $10.28 on Tuesday. The firm’s 50-day moving average is $10.11 and its two-hundred day moving average is $10.19. abrdn National Municipal Income Fund has a twelve month low of $9.38 and a twelve month high of $10.50.

About abrdn National Municipal Income Fund

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abrdn National Municipal Income Fund (NYSE: VFL) is a diversified, closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from federal income taxes. The fund primarily invests in a portfolio of municipal securities, including general obligation bonds, revenue bonds and other debt obligations issued by state and local governments across the United States.

The fund’s investment strategy emphasizes a combination of bottom-up credit research and sector allocation to build a tax-exempt portfolio.

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Dividend History for abrdn National Municipal Income Fund (NYSE:VFL)

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