Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX - Get Free Report) announced a monthly dividend on Wednesday, June 11th, Wall Street Journal reports. Shareholders of record on Monday, June 23rd will be given a dividend of 0.165 per share by the investment management company on Monday, June 30th. This represents a $1.98 dividend on an annualized basis and a yield of 12.52%. The ex-dividend date is Monday, June 23rd.
Abrdn Asia-Pacific Income Fund Stock Up 0.4%
FAX stock traded up $0.07 during mid-day trading on Thursday, reaching $15.82. The company's stock had a trading volume of 15,470 shares, compared to its average volume of 146,458. Abrdn Asia-Pacific Income Fund has a fifty-two week low of $13.99 and a fifty-two week high of $17.55. The company's 50 day moving average is $15.35 and its two-hundred day moving average is $15.47.
Institutional Investors Weigh In On Abrdn Asia-Pacific Income Fund
An institutional investor recently bought a new position in Abrdn Asia-Pacific Income Fund stock. Jane Street Group LLC acquired a new position in shares of Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 10,811 shares of the investment management company's stock, valued at approximately $170,000. Institutional investors own 33.55% of the company's stock.
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.
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