Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX - Get Free Report) announced a monthly dividend on Friday, May 10th, Wall Street Journal reports. Shareholders of record on Thursday, May 23rd will be paid a dividend of 0.0275 per share by the investment management company on Friday, May 31st. This represents a $0.33 annualized dividend and a yield of 12.82%. The ex-dividend date of this dividend is Wednesday, May 22nd.
Abrdn Asia-Pacific Income Fund has raised its dividend by an average of 64.1% per year over the last three years.
Abrdn Asia-Pacific Income Fund Price Performance
Shares of NYSEAMERICAN:FAX traded down $0.03 on Friday, hitting $2.58. The company's stock had a trading volume of 1,001,212 shares, compared to its average volume of 914,970. Abrdn Asia-Pacific Income Fund has a 12 month low of $2.33 and a 12 month high of $2.84.
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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