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

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) announced a monthly dividend on Wednesday, March 12th, Wall Street Journal reports. Stockholders 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 12.50%. The ex-dividend date is Tuesday, March 25th.

Abrdn Asia-Pacific Income Fund Trading Up 0.4 %

Shares of NYSEAMERICAN:FAX opened at $15.84 on Thursday. Abrdn Asia-Pacific Income Fund has a 1-year low of $14.56 and a 1-year high of $17.55. The stock’s 50 day moving average price is $15.19.

About Abrdn Asia-Pacific Income Fund

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.