DTF Tax-Free Income Fund About To Put More Money In Your Pocket (DTF)

Looking at the universe of stocks we cover at Dividend Channel, on 11/13/14, DTF Tax-Free Income Fund (DTF) will trade ex-dividend, for its monthly dividend of $0.07, payable on 11/28/14. As a percentage of DTF's recent stock price of $15.28, this dividend works out to approximately 0.46%.

START SLIDESHOW:
Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen »

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 5.50% 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 $13.62 per share, with $16.40 as the 52 week high point — that compares with a last trade of $15.29.

In Tuesday trading, DTF Tax-Free Income Fund shares are currently down about 0.1% on the day.

More from Stocks

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Finding Stocks Right for You: Cramer's 'Mad Money' Recap (Friday 8/25/18)

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Flashback Friday: Amazon, Chip Stocks, Memorial Day

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker