DTF Tax Free Income Inc. (NYSE:DTF) announced a monthly dividend on Wednesday, March 15th. Investors of record on Monday, April 17th will be paid a dividend of 0.07 per share by the investment management company on Friday, April 28th. This represents a $0.84 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend is Wednesday, April 12th.
Shares of DTF Tax Free Income (NYSE:DTF) opened at 14.97 on Friday. The company has a 50-day moving average price of $15.08 and a 200-day moving average price of $14.98. DTF Tax Free Income has a 12 month low of $14.09 and a 12 month high of $17.05. The firm has a market capitalization of $127.53 million, a price-to-earnings ratio of 17.07 and a beta of 0.07.
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About DTF Tax Free Income
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.
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