Free Trial

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) to Issue $0.17 Monthly Dividend

Abrdn Asia-Pacific Income Fund logo with Finance background

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX - Get Free Report) announced a monthly dividend on Tuesday, February 11th,Wall Street Journal reports. Stockholders of record on Friday, February 21st will be given a dividend of 0.165 per share by the investment management company on Friday, February 28th. This represents a $1.98 dividend on an annualized basis and a dividend yield of 12.70%. The ex-dividend date is Friday, February 21st.

Abrdn Asia-Pacific Income Fund Stock Performance

Shares of FAX stock traded up $0.07 during mid-day trading on Friday, reaching $15.59. The company's stock had a trading volume of 132,974 shares, compared to its average volume of 129,720. Abrdn Asia-Pacific Income Fund has a 1-year low of $14.56 and a 1-year high of $17.55.

About Abrdn Asia-Pacific Income Fund

(Get Free Report)

Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.

Recommended Stories

Dividend History for Abrdn Asia-Pacific Income Fund (NYSEAMERICAN:FAX)

Should You Invest $1,000 in Abrdn Asia-Pacific Income Fund Right Now?

Before you consider Abrdn Asia-Pacific Income Fund, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Abrdn Asia-Pacific Income Fund wasn't on the list.

While Abrdn Asia-Pacific Income Fund currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Enter your email address and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines