Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX - Get Free Report) declared a monthly dividend on Wednesday, June 11th, Wall Street Journal reports. Investors of record on Monday, June 23rd will be paid 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 12.47%. The ex-dividend date of this dividend is Monday, June 23rd.
Abrdn Asia-Pacific Income Fund Stock Up 0.6%
Abrdn Asia-Pacific Income Fund stock traded up $0.10 during trading on Friday, reaching $15.88. The stock had a trading volume of 93,059 shares, compared to its average volume of 146,823. Abrdn Asia-Pacific Income Fund has a 52-week low of $13.99 and a 52-week high of $17.55. The business has a 50 day moving average price of $15.39 and a 200 day moving average price of $15.46.
Institutional Trading of Abrdn Asia-Pacific Income Fund
A hedge fund recently bought a new stake in Abrdn Asia-Pacific Income Fund stock. Jane Street Group LLC bought a new stake in Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX - Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,811 shares of the investment management company's stock, valued at approximately $170,000. 33.55% of the stock is owned by institutional investors and hedge funds.
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.
Further Reading
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
Looking to profit from the electric vehicle mega-trend? Enter your email address and we'll send you our list of which EV stocks show the most long-term potential.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
