Cash Dividend On The Way From DTF Tax-Free Income Fund (DTF)

Looking at the universe of stocks we cover at Dividend Channel, on 10/10/13, DTF Tax-Free Income Fund (DTF) will trade ex-dividend, for its monthly dividend of $0.07, payable on 10/31/13. As a percentage of DTF's recent stock price of $14.12, this dividend works out to approximately 0.50%.

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Below is a dividend history chart for DTF, showing historical dividends prior to the most recent $0.07 declared by DTF Tax-Free Income Fund:

DTF+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DTF is likely to continue, and whether the current estimated yield of 5.95% on annualized basis is a reasonable expectation of annual yield going forward.The chart below shows the one year performance of DTF shares, versus its 200 day moving average:

DTF Tax-Free Income Fund 200 Day Moving Average Chart

Looking at the chart above, DTF's low point in its 52 week range is $13.57 per share, with $19.15 as the 52 week high point — that compares with a last trade of $14.12.

In Tuesday trading, DTF Tax-Free Income Fund shares are currently up about 0.2% on the day.

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