India Fund, Inc. (NYSE:IFN) Plans Quarterly Dividend of $0.91

India Fund, Inc. (NYSE:IFN) declared a quarterly dividend on Tuesday, February 10th. Shareholders of record on Friday, February 20th will be paid a dividend of 0.906 per share by the investment management company on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 25.5%. The ex-dividend date of this dividend is Friday, February 20th.

India Fund Stock Down 0.1%

Shares of NYSE IFN traded down $0.02 during midday trading on Wednesday, reaching $14.21. The company’s stock had a trading volume of 58,747 shares, compared to its average volume of 303,851. The business’s 50 day moving average price is $13.86 and its two-hundred day moving average price is $14.64. India Fund has a fifty-two week low of $13.46 and a fifty-two week high of $16.95.

About India Fund

The India Fund, Inc (NYSE: IFN) is a closed-end management investment company incorporated in Maryland. It seeks to provide shareholders with long-term growth of capital, as well as current income. The fund trades on the New York Stock Exchange and offers investors access to equity markets in India through a diversified portfolio of Indian companies.

IFN invests primarily in equity securities of companies organized or domiciled in India, including common stocks, depositary receipts and other equity-related instruments.