Abrdn Asia-Pacific Income Fund Inc (FAX) To Go Ex-Dividend on March 25th

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) announced a monthly dividend on Tuesday, March 11th, Wall Street Journal reports. Investors of record on Tuesday, March 25th will be given 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 12.60%. The ex-dividend date is Tuesday, March 25th.

Abrdn Asia-Pacific Income Fund Price Performance

NYSEAMERICAN FAX traded down $0.12 on Thursday, reaching $15.72. 139,264 shares of the company’s stock traded hands, compared to its average volume of 140,037. The business has a 50 day moving average of $15.19. Abrdn Asia-Pacific Income Fund has a fifty-two week low of $14.56 and a fifty-two week 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.