abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX – Get Free Report) announced a monthly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be given a dividend of 0.165 per share by the investment management company on Monday, August 31st. This represents a c) annualized dividend and a yield of 13.6%. The ex-dividend date of this dividend is Monday, August 24th.
abrdn Asia-Pacific Income Fund Trading Down 0.5%
FAX stock opened at $14.55 on Thursday. The firm has a 50-day moving average of $14.48 and a two-hundred day moving average of $14.93. abrdn Asia-Pacific Income Fund has a 12 month low of $14.13 and a 12 month high of $16.90.
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.
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