DTF Tax-Free Income 2028 Trust (DTF) Dividend Analysis
Does DTF Tax-Free Income 2028 Trust (DTF) pay a dividend?
Yes. DTF Tax-Free Income 2028 Trust (DTF) pays a dividend: $0.39 per share over the last twelve months, a dividend yield of 3.48% at the latest close.
It has raised its dividend per share for 1 year in a row, growing at 6.4% a year over the last 3 years. The payout takes about 118.1% of earnings.
Computed from company filings. Ex-dividend and payment dates are not part of those filings, so they are not shown here. This is analysis, not investment advice.
| Year | Per share | Change |
|---|---|---|
| 2025 | $0.39 | +0.5% |
| 2024 | $0.39 | 0.0% |
| 2023 | $0.39 | +20.0% |
| 2022 | $0.33 | |
| 2015 | $0.14 | -82.1% |
| 2014 | $0.78 | +11.5% |
| 2013 | $0.70 | |
| 2009 | $0.10 | -83.3% |
| 2008 | $0.60 | -9.1% |
| 2007 | $0.66 | -15.4% |
Newest 10 of 24 calendar years; the chart below has the full series. Counted by the calendar year in which each payment went ex-dividend. Figures are adjusted for stock splits, so a fall is a cut.
Dividend is covered by FCF, though with limited buffer, no sustained growth pattern yet.
Based on TTM and annual data · Not a buy/sell signal
Score Breakdown
Safety
40% of composite
Growth
35% of composite
Income
25% of composite
Composite = Safety (50) × 0.40 + Growth (45) × 0.35 + Income (85) × 0.25 = 57
Dividend Yield
3.48%
Per Share (TTM)
$0.39
Payout Ratio
118.1%
3Y CAGR
6.4%
Dividend Safety
Earnings Payout
118.1%
FCF Payout
6.4%
FCF Coverage
15.7x
Dividend Growth
Per Share (TTM)
$0.39
Growth Streak
1 year
3Y CAGR
6.4%
Dividend Income
Annual DPS (TTM)
$0.39
Annual Income / $10K
$348
Payment frequency, ex-dividend and payment dates are not available from company filings. Check your broker or the company's investor relations page for the schedule.
DTF Tax-Free Income 2028 Trust (DTF) dividend: yield, safety and growth
Frequently asked
Does DTF Tax-Free Income 2028 Trust (DTF) pay a dividend, and how much?+
Yes, DTF Tax-Free Income 2028 Trust pays a regular dividend of about $0.39 per share per year (a yield of roughly 3.5%). That is a payout ratio of about 118.1% of earnings, so it is stretched at this level. A low headline yield is not the same as a weak dividend: what matters is how well earnings and cash flow cover the payout, not the percentage alone. The full payout history and per-share figures are on this dividends tab.
Is DTF Tax-Free Income 2028 Trust's dividend safe?+
DTF Tax-Free Income 2028 Trust's dividend looks stretched at this level. Intrinsiqq scores its dividend safety at 0 out of 100, weighing the payout ratio, free-cash-flow coverage and balance-sheet strength. Safety matters more than yield: a payout you can rely on beats a high one you cannot.
Has DTF Tax-Free Income 2028 Trust grown its dividend?+
DTF Tax-Free Income 2028 Trust has raised its dividend for about 1 year in a row. Over the past five years the dividend has grown at roughly 6.4% a year. Consistent growth is one of the strongest signals of a durable, shareholder-friendly business, so read the streak alongside coverage on this tab.
What is DTF Tax-Free Income 2028 Trust's dividend payout ratio?+
DTF Tax-Free Income 2028 Trust pays out about 118.1% of its earnings as dividends. A lower payout ratio leaves more room to keep raising the dividend and to absorb a bad year, while a very high ratio can signal a payout under pressure. On this measure the dividend is stretched at this level. See the dividend-safety breakdown for the free-cash-flow view, which is often more telling than earnings.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.