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

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Investors of record on Friday, January 24th will be paid a dividend of 0.165 per share by the investment management company on Friday, January 31st. This represents a $1.98 dividend on an annualized basis and a dividend yield of 13.15%. The ex-dividend date is Friday, January 24th.

Abrdn Asia-Pacific Income Fund Price Performance

Shares of Abrdn Asia-Pacific Income Fund stock opened at $15.06 on Wednesday. Abrdn Asia-Pacific Income Fund has a 12 month low of $14.56 and a 12 month 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.