DTF Tax-Free Income 2028 Term Fund Inc.
DTFFinancial Services · Stock · monthly payer
$11.51
Add to PortfolioForward Yield
3.39%
Annual Dividend
$0.39
Payout Ratio
118%
5-Yr Growth
-3.8%
Ex-Date
Jun 15, 2026
Frequency
Monthly
DTF Dividend Safety Score
56/ 100
Grade C
Borderline
Dividend-growth streak3 consecutive years of growth
Cut historyCut its dividend in 2022
Earnings payout coverage118% of earnings paid out
Yield vs its historyYield in line with its history
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Is DTF a good dividend stock?
MixedDTF Tax-Free Income 2028 Term Fund Inc. (DTF) pays a monthly dividend yielding 3.39% ($0.39/yr), with 3 years of growth and a dividend-safety grade of C. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.
Advantages
Risks
- Cut its dividend in 2022
- Elevated payout ratio (118%)
- Dividend has been shrinking, not growing
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 3.39%
- Payout Ratio
- 118%
- Annual Dividend
- $0.39
- 5-Yr Avg Growth
- -3.8%
- Ex-Dividend Date
- Jun 15, 2026
- Years of Growth
- 3
- Frequency
- monthly
- Beta
- 0.29
- Market Cap
- $80.9M
- P/E Ratio
- 34.9
- 5-Yr Total Return
- -23%
- 52-Week Range
- $11.12 – $11.60
- Dividend Safety
- C · 56/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| May 15, 2026 | — | $0.0330 | regular |
| Apr 15, 2026 | — | $0.0330 | regular |
| Mar 16, 2026 | — | $0.0330 | regular |
| Feb 17, 2026 | — | $0.0330 | regular |
| Jan 15, 2026 | — | $0.0330 | regular |
| Dec 15, 2025 | — | $0.0330 | regular |
| Nov 17, 2025 | — | $0.0330 | regular |
| Oct 15, 2025 | — | $0.0330 | regular |
| Sep 15, 2025 | — | $0.0330 | regular |
| Aug 15, 2025 | — | $0.0330 | regular |
| Jul 15, 2025 | — | $0.0330 | regular |
| Jun 16, 2025 | — | $0.0330 | regular |
| May 15, 2025 | — | $0.0330 | regular |
| Apr 15, 2025 | — | $0.0330 | regular |
Income Calculator
At $0.39 / yr per share
Per payment (monthly)$3.25
Annual$39.00
Monthly avg$3.25
