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DTF Tax-Free Income declares dividends of USD0.05 per share for three months.

M2 EQUITYBITES-December 15, 2017-DTF Tax-Free Income declares dividends of USD0.05 per share for three months

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DTF Tax-Free Income Inc's (NYSE:DTF) board of directors authorised monthly common stock dividends of USD0.05 per share for January, February and March 2018, the company declared on Thursday.

The dividends will be paid on 31 January, 28 February and 29 March 2018 to all shareholders of record dates on 16 January, 15 February and 15 March 2018 and the ex-dividend dates are 12 January, 14 February and 14 March 2018.

A closed-end diversified investment management company, DTF aims at current income exempt from regular federal income tax consistent with preservation of capital. It invests in a diversified portfolio of investment-grade tax-exempt obligations.

The company's investment adviser is Duff & Phelps Investment Management Co, a subsidiary of Virtus Investment Partners (NASDAQ:VRTS).

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Publication:M2 EquityBites (EQB)
Date:Dec 15, 2017
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