Insider Buying: The India Fund, Inc. Common Stock (IFN) Director Buys $12,130.00 in Stock
The India Fund, Inc. Common Stock (NYSE:IFN) Director Nancy Yao Maasbach purchased 500 shares of the company’s stock in a transaction on Monday, September 10th. The stock was purchased at an average price of $24.26 per share, with a total value of $12,130.00. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Shares of IFN traded down $0.04 during mid-day trading on Friday, reaching $24.26. The stock had a trading volume of 41,367 shares, compared to its average volume of 65,718. The India Fund, Inc. Common Stock has a 12 month low of $23.71 and a 12 month high of $28.74.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 2nd. Shareholders of record on Monday, September 24th will be given a $0.71 dividend. The ex-dividend date is Friday, September 21st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 11.71%.
About The India Fund, Inc. Common Stock
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