Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX - Get Free Report) declared a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.165 per share by the investment management company on Monday, March 31st. This represents a $1.98 annualized dividend and a dividend yield of 12.60%. The ex-dividend date is Tuesday, March 25th.
Abrdn Asia-Pacific Income Fund Price Performance
FAX remained flat at $15.72 during trading on Friday. 85,700 shares of the company's stock traded hands, compared to its average volume of 138,927. Abrdn Asia-Pacific Income Fund has a fifty-two week low of $14.56 and a fifty-two week high of $17.55. The business's 50-day moving average is $15.22.
About Abrdn Asia-Pacific Income Fund
(
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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.
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