Aberdeen Asia-Pacific Income Fund, Inc. (NYSE:FAX) announced a monthly dividend on Wednesday, September 13th, Wall Street Journal reports. Shareholders of record on Friday, September 22nd will be given a dividend of 0.035 per share by the investment management company on Friday, September 29th. This represents a $0.42 annualized dividend and a yield of 8.08%. The ex-dividend date is Thursday, September 21st.

Shares of Aberdeen Asia-Pacific Income Fund (FAX) opened at 5.20 on Wednesday. Aberdeen Asia-Pacific Income Fund has a 1-year low of $4.56 and a 1-year high of $5.29. The firm’s 50-day moving average price is $5.16 and its 200 day moving average price is $5.04.

In other news, major shareholder Voya Financial, Inc. purchased 24,000,000 shares of the business’s stock in a transaction on Thursday, August 10th. The stock was purchased at an average cost of $24,000,000.00 per share, with a total value of $576,000,000,000,000.00. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website.

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Aberdeen Asia-Pacific Income Fund Company Profile

Aberdeen Asia-Pacific Income Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s principal investment objective is to seek current income. The Fund may also achieve incidental capital appreciation. To achieve its investment objectives, the Fund invests approximately 80% of its net assets, plus the amount of any borrowings for investment purposes, in Asian debt securities, Australian debt securities and New Zealand debt securities.

Dividend History for Aberdeen Asia-Pacific Income Fund (NYSE:FAX)

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