Abrdn Global Infrastructure Income Fund (ASGI) To Go Ex-Dividend on November 21st

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced a monthly dividend on Monday, November 11th,NASDAQ Dividends reports. Investors of record on Thursday, November 21st will be given a dividend of 0.21 per share on Friday, November 29th. This represents a $2.52 annualized dividend and a dividend yield of 13.14%. The ex-dividend date of this dividend is Thursday, November 21st.

Abrdn Global Infrastructure Income Fund has increased its dividend payment by an average of 64.3% per year over the last three years.

Abrdn Global Infrastructure Income Fund Trading Down 1.2 %

ASGI stock opened at $19.18 on Wednesday. Abrdn Global Infrastructure Income Fund has a 12-month low of $16.20 and a 12-month high of $20.35. The business’s fifty day moving average price is $19.87 and its 200 day moving average price is $19.13.

Insider Activity at Abrdn Global Infrastructure Income Fund

In related news, major shareholder Saba Capital Management, L.P. purchased 41,344 shares of the business’s stock in a transaction on Tuesday, September 24th. The shares were bought at an average price of $19.32 per share, for a total transaction of $798,766.08. Following the acquisition, the insider now directly owns 2,957,749 shares in the company, valued at $57,143,710.68. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Abrdn Global Infrastructure Income Fund Company Profile

Aberdeen Standard Global Infrastructure Income Fund seeks to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

The Fund seeks to achieve its investment objective by investing in a portfolio of income-producing public and private
infrastructure equity investments from around the world.