Delaware Inv Natl Muni: Dividend Insights
Portfolio Pulse from Benzinga Insights
Delaware Inv Natl Muni (AMEX:VFL) announced a monthly dividend of 3.75 cents per share, going ex-dividend on Wednesday. Shareholders owning the stock by the end of Tuesday are eligible for the payout, which will be distributed on February 29, 2024.
February 16, 2024 | 2:45 pm
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Delaware Inv Natl Muni (VFL) will pay a monthly dividend of 3.75 cents per share, with the stock going ex-dividend on Wednesday. Eligible shareholders must own the stock by Tuesday, with the payout on February 29, 2024.
The announcement of a dividend payout typically has a neutral short-term impact on a stock's price, as the decrease in stock price on the ex-dividend date is a mechanical adjustment. However, the commitment to returning value to shareholders can be viewed positively in the longer term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100