SmarterDividends
DTF

DTF Tax-Free Income 2028 Term Fund (DTF) Dividend Calculator

DTF Tax-Free Income 2028 Term Fund Inc. · how much DTF pays you, by shares or dollars · updated

100 shares of DTF Tax-Free Income 2028 Term Fund (DTF) pay $39.00 a year in dividends, about $3.30 each month, at the current monthly dividend of $0.0330 per share (as of Nov 5, 2026). At the $11.48 share price that is a 3.40% yield, so $10,000 buys about 870.8 shares and pays about $340 a year. To get the next payment, buy by Nov 13, 2026.

Per share, a year

$0.39

100 shares, a year

$39.00

$10,000 invested, a year

$339.60

Shares for $1,000 a month

30,770

What do you want to calculate?

DTF DTF Tax-Free Income 2028 Term Fund Inc.

$11.48 · $0.39/yr dividend · 3.42% yield · monthly

Safety grade C · 65/100Full DTF analysis →
I know my…
Paid
Account & dividend tax

Annual income

$39.00

Monthly (average)

$3.25

Per payment (monthly)

$3.25

Dividend yield

3.40%

Yield on cost

—

Enter your cost

Position value

$1,148

Your next DTF dividend: about $3.25, ex-dividend Nov 16, 2026, paid Nov 30, 2026. Buy by Nov 13, 2026 to receive it. How ex-dates work →

Your payments over the next 12 months

Based on DTF's actual pay dates over the past year

Income over 10 years if the dividend keeps growing 0% a year

Same shares, no reinvestment. Year 10: $39 · 10-year total: $390. Add reinvestment in the DRIP calculator →

Track DTF and get an email the day a dividend is raised or cut.Try Pro free →

How much DTF Tax-Free Income 2028 Term Fund pays, by number of shares

At $0.39 per share a year, paid every month, and a $11.48 share price, as of Nov 5, 2026. Before tax.

DTF dividend income by number of shares
SharesCost todayPer monthPer year
1$11$0.03$0.39
10$115$0.33$3.90
25$287$0.83$9.75
50$574$1.65$19.50
100$1,148$3.30$39.00
250$2,871$8.25$97.50
500$5,742$16.50$195.00
1,000$11,484$33.00$390.00

How many DTF shares for a monthly income

Shares and money needed to earn each monthly amount from DTF Tax-Free Income 2028 Term Fund dividends alone, at today's rate and price, before tax. Spreading it across several stocks lowers the risk that one cut hits your whole income.

DTF shares needed for a monthly dividend income
Monthly incomeShares neededCost today
$100 a month3,077$35,337
$250 a month7,693$88,347
$500 a month15,385$176,683
$1,000 a month30,770$353,366
$2,000 a month61,539$706,720
$5,000 a month153,847$1,766,794

What 100 shares of DTF paid each year

Holding 100 shares, you would have received $89.10 in 2016 and $39.60 in 2025, down 56%, without buying another share.

Every DTF payment since records began →

When you get the next DTF dividend

Last day to buy

Nov 13, 2026

Ex-dividend date

Nov 16, 2026

Pay date

Nov 30, 2026

Buy DTF by the close on the last day to buy and you are paid $0.0330 per share on Nov 30, 2026. Buy on the ex-dividend date or later and the seller gets it. DTF ex-dividend dates →

How the DTF dividend is calculated

Yearly income = shares × $0.39

Each payment = shares × $0.0330

Shares for a monthly income = (monthly goal × 12) ÷ $0.39

The rate is DTF Tax-Free Income 2028 Term Fund's current dividend as of Nov 5, 2026. A board can raise, cut or skip a dividend, so check the DTF dividend safety grade before counting on it.

Key facts: DTF Tax-Free Income 2028 Term Fund (DTF) dividend income

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, 100 shares of DTF Tax-Free Income 2028 Term Fund (DTF) pay $39.00 a year in dividends before tax, about $3.30 each month, at $0.39 per share a year.
  • At its Nov 5, 2026 share price of $11.48, DTF yields 3.40%: $10,000 buys about 870.8 shares, which pay about $339.60 a year.
  • Earning $1,000 a month ($12,000 a year) from DTF dividends alone takes about 30,770 shares, roughly $353,366 at today's price, before tax.
  • 100 shares of DTF paid $89.10 in dividends in 2016 and $39.60 in 2025, down 56%.
  • The next DTF dividend goes ex-dividend on Nov 16, 2026 and is paid on Nov 30, 2026; the last day to buy shares and receive it is Nov 13, 2026.
Cite this page

SmarterDividends, "DTF Tax-Free Income 2028 Term Fund (DTF) Dividend Calculator," updated Nov 5, 2026, https://smarterdividends.com/stocks/DTF/dividend-calculator

Frequently asked questions

How much dividend does 100 shares of DTF pay?

As of Nov 5, 2026, 100 shares of DTF Tax-Free Income 2028 Term Fund (DTF) pay $39.00 a year in dividends before tax, about $3.30 each month, at $0.39 per share a year.

How much dividend does 1,000 shares of DTF pay?

About $390 a year before tax, or $33.00 each month, at DTF Tax-Free Income 2028 Term Fund's current rate of $0.39 per share a year. Buying 1,000 shares costs about $11,484 at the Nov 5, 2026 price.

How many shares of DTF do I need to make $1,000 a month?

About 30,770 shares. $1,000 a month is $12,000 a year; divided by $0.39 a share, that's 30,770 shares, or about $353,366 at today's $11.48 price. Taxes in a regular brokerage account raise the number.

How much do I need to invest in DTF to make $100 a month?

About $35,336. $100 a month is $1,200 a year, and at a 3.40% yield that takes $35,336, or about 3,077 shares.

How often does DTF Tax-Free Income 2028 Term Fund pay dividends?

DTF Tax-Free Income 2028 Term Fund (DTF) pays every month, so you get 12 payments a year of about $0.0330 per share each.

How is the DTF dividend calculated?

Multiply your shares by the dividend per share. DTF Tax-Free Income 2028 Term Fund pays about $0.39 per share a year, so each share earns $0.39 a year and $0.0330 each month. Shares bought on or after the ex-dividend date don't get the next payment.

Are DTF dividends taxed?

In a U.S. taxable account, yes. Regular dividends from most U.S. companies are qualified, taxed at 0%, 15% or 20%, if you held the shares more than 60 days around the ex-dividend date. Foreign companies may also withhold tax at source. Inside an IRA, Roth IRA or 401(k), dividends aren't taxed when paid.

Figures use SmarterDividends data as of Nov 5, 2026, before tax, and assume the current dividend rate holds. For information only, not investment or tax advice. Back to DTF