Abrdn Asia-Pacific Income Fund - FAX Stock Forecast, Price & News

Abrdn Asia-Pacific Income Fund's stock was trading at $3.84 at the beginning of the year. Since then, FAX stock has decreased by 21.9% and is now trading at $3.00.
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Abrdn Asia-Pacific Income Fund saw a drop in short interest during the month of July. As of July 31st, there was short interest totaling 95,900 shares, a drop of 12.3% from the July 15th total of 109,400 shares. Based on an average trading volume of 1,110,300 shares, the days-to-cover ratio is presently 0.1 days.
View Abrdn Asia-Pacific Income Fund's Short Interest.

Abrdn Asia-Pacific Income Fund declared a monthly dividend on Thursday, August 11th. Shareholders of record on Wednesday, August 24th will be paid a dividend of $0.0275 per share on Wednesday, August 31st. This represents a $0.33 annualized dividend and a yield of 11.00%. The ex-dividend date is Tuesday, August 23rd.
Read our dividend analysis for FAX.

Abrdn Asia-Pacific Income Fund (NYSEAMERICAN:FAX) pays an annual dividend of $0.33 per share and currently has a dividend yield of 11.07%. FAX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
Read our dividend analysis for FAX.

Based on aggregate information from My MarketBeat watchlists, some companies that other Abrdn Asia-Pacific Income Fund investors own include AT&T (T), AbbVie (ABBV), Omega Healthcare Investors (OHI), Prospect Capital (PSEC), Main Street Capital (MAIN), New Residential Investment (NRZ), AGNC Investment (AGNC), Enterprise Products Partners (EPD), Ford Motor (F) and Medical Properties Trust (MPW).

Abrdn Asia-Pacific Income Fund trades on the New York Stock Exchange (NYSE)AMERICAN under the ticker symbol "FAX."

Abrdn Asia-Pacific Income Fund's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Terril Brothers Inc. (0.95%), LPL Financial LLC (0.93%), Wells Fargo & Company MN (0.66%), UBS Group AG (0.39%), Fiera Capital Corp (0.34%) and Commonwealth Equity Services LLC (0.30%). Insiders that own company stock include Moritz A Sell and Stephen Bird.
View institutional ownership trends.

Shares of FAX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of FAX stock can currently be purchased for approximately $3.00.

Abrdn Asia-Pacific Income Fund (NYSEAMERICAN:FAX) has a market capitalization of $743.09 million.

Abrdn Asia-Pacific Income Fund's mailing address is 1735 Market St Fl 32, PHILADELPHIA, PA 19103-7503, United States. The official website for the company is www.aberdeenfax.com. The investment management company can be reached via phone at 65 6395 2700.