DTF Tax Free Income Inc. (NYSE:DTF) declared a monthly dividend on Wednesday, March 13th, Wall Street Journal reports. Investors of record on Monday, June 17th will be paid a dividend of 0.035 per share by the investment management company on Friday, June 28th. This represents a $0.42 annualized dividend and a yield of 3.01%. The ex-dividend date of this dividend is Friday, June 14th.
DTF Tax Free Income has decreased its dividend payment by an average of 11.0% per year over the last three years.
DTF Tax Free Income stock opened at $13.96 on Friday. DTF Tax Free Income has a 52-week low of $12.25 and a 52-week high of $14.09.
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DTF Tax Free Income Company Profile
DTF Tax-Free Income 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.
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