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

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) declared a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Stockholders of record on Tuesday, March 25th will be paid a dividend of 0.165 per share by the investment management company on Monday, March 31st. This represents a $1.98 dividend on an annualized basis and a dividend yield of 12.33%. The ex-dividend date is Tuesday, March 25th.

Abrdn Asia-Pacific Income Fund Stock Down 0.1 %

Shares of FAX opened at $16.06 on Friday. The company has a 50-day moving average price of $15.36. Abrdn Asia-Pacific Income Fund has a one year low of $14.56 and a one year high of $17.55.

About Abrdn Asia-Pacific Income Fund

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.