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

abrdn National Municipal Income Fund (NYSE:VFL) announced a monthly dividend on Tuesday, March 10th. Shareholders of record on Tuesday, March 24th will be paid a dividend of 0.05 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 5.9%. The ex-dividend date of this dividend is Tuesday, March 24th.

abrdn National Municipal Income Fund Trading Down 0.3%

abrdn National Municipal Income Fund stock traded down $0.03 during mid-day trading on Wednesday, reaching $10.14. The stock had a trading volume of 32,102 shares, compared to its average volume of 30,898. abrdn National Municipal Income Fund has a fifty-two week low of $9.27 and a fifty-two week high of $10.50. The stock’s 50-day simple moving average is $10.32 and its 200-day simple moving average is $10.20.

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.