abrdn National Municipal Income Fund (NYSE:VFL) Announces Monthly Dividend of $0.05

abrdn National Municipal Income Fund (NYSE:VFL) announced a monthly dividend on Tuesday, February 10th. Investors of record on Friday, February 20th will be given a dividend of 0.05 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 5.8%. The ex-dividend date of this dividend is Friday, February 20th.

abrdn National Municipal Income Fund Trading Down 0.0%

VFL stock traded down $0.01 during trading on Wednesday, hitting $10.41. The stock had a trading volume of 5,209 shares, compared to its average volume of 30,129. The company’s 50 day moving average price is $10.24 and its two-hundred day moving average price is $10.09. abrdn National Municipal Income Fund has a 1-year low of $9.27 and a 1-year high of $10.83.

abrdn National Municipal Income Fund Company Profile

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.