abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) to Issue $0.17 Monthly Dividend

abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) announced a monthly dividend on Monday, May 11th. Shareholders of record on Friday, May 22nd will be paid a dividend of 0.165 per share by the investment management company on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 13.5%. The ex-dividend date is Friday, May 22nd.

abrdn Asia-Pacific Income Fund Price Performance

abrdn Asia-Pacific Income Fund stock opened at $14.69 on Tuesday. abrdn Asia-Pacific Income Fund has a 52 week low of $14.18 and a 52 week high of $16.90. The company’s 50 day moving average price is $14.98 and its two-hundred day moving average price is $15.31.

abrdn Asia-Pacific Income Fund Company Profile

The abrdn Asia-Pacific Income Fund is a closed-end management investment company listed on the NYSE American under the ticker FAX. The fund seeks to provide total return by focusing primarily on current income and secondarily on capital appreciation through a diversified portfolio of Asia-Pacific securities.

Its investment portfolio is concentrated in dividend-paying equity securities of companies domiciled or operating in the Asia-Pacific region, excluding Japan. The fund may invest in common stocks, real estate investment trusts (REITs), depositary receipts, convertible securities and derivatives.