Aberdeen Asia-Pacific Income Fund, Inc. (FAX) Plans Monthly Dividend of $0.04
Aberdeen Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) declared a monthly dividend on Wednesday, December 13th, Wall Street Journal reports. Shareholders of record on Friday, December 29th will be given a dividend of 0.035 per share by the investment management company on Monday, January 8th. This represents a $0.42 annualized dividend and a yield of 8.68%. The ex-dividend date is Thursday, December 28th.
Aberdeen Asia-Pacific Income Fund (NYSEAMERICAN FAX) opened at $4.84 on Thursday. Aberdeen Asia-Pacific Income Fund has a 1 year low of $4.56 and a 1 year high of $5.29.
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About Aberdeen Asia-Pacific Income Fund
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.
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