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

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) declared a monthly dividend on Wednesday, December 11th,Wall Street Journal reports. Investors of record on Monday, December 30th will be given a dividend of 0.165 per share by the investment management company on Friday, January 10th. This represents a $1.98 dividend on an annualized basis and a yield of 12.38%. The ex-dividend date is Monday, December 30th.

Abrdn Asia-Pacific Income Fund Stock Performance

NYSEAMERICAN:FAX traded up $0.03 during mid-day trading on Wednesday, reaching $16.00. The stock had a trading volume of 82,997 shares, compared to its average volume of 142,379. Abrdn Asia-Pacific Income Fund has a fifty-two week low of $14.88 and a fifty-two week high of $17.55.

Abrdn Asia-Pacific Income Fund Company Profile

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.