Delaware Inv Natl Muni's Ex-Dividend Date Is Wednesday, Here's What You Need To Know
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 end of Tuesday are eligible for the dividend, payable on March 28, 2024.
March 15, 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 ex-dividend date set for Wednesday.
The announcement of a dividend payout typically has a neutral short-term impact on the stock price, as the decrease in 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.
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