DTF Tax Free Income Inc. (DTF) Announces Monthly Dividend of $0.05

DTF Tax Free Income Inc. (NYSE:DTF) announced a monthly dividend on Wednesday, March 14th, Wall Street Journal reports. Stockholders of record on Monday, April 16th will be paid a dividend of 0.05 per share by the investment management company on Monday, April 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 4.54%. The ex-dividend date of this dividend is Friday, April 13th.

DTF Tax Free Income has decreased its dividend by an average of 5.4% per year over the last three years.

Shares of DTF Tax Free Income (DTF) remained flat at $$13.23 during mid-day trading on Wednesday. The company’s stock had a trading volume of 9,003 shares, compared to its average volume of 26,544. DTF Tax Free Income has a 1-year low of $13.05 and a 1-year high of $15.44.

TRADEMARK VIOLATION WARNING: “DTF Tax Free Income Inc. (DTF) Announces Monthly Dividend of $0.05” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this piece on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright law. The correct version of this piece can be viewed at https://ledgergazette.com/2018/03/14/dtf-tax-free-income-inc-dtf-announces-monthly-dividend-of-0-05.html.

DTF Tax Free Income Company Profile

DTF Tax-Free Income Inc is a diversified, closed-end management investment company. The Fund’s investment objective is current income exempt from regular federal income tax consistent with the preservation of capital. The Fund seeks to achieve its investment objective by investing primarily (approximately 80% of its total assets) in a diversified portfolio of investment-grade tax-exempt obligations.

Dividend History for DTF Tax Free Income (NYSE:DTF)

Receive News & Ratings for DTF Tax Free Income Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for DTF Tax Free Income and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply