Abrdn Global Infrastructure Income Fund (NYSE:ASGI) Shares Will Pay Monthly Dividend of $0.21

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced a monthly dividend on Tuesday, November 10th. Investors of record on Friday, November 20th will be paid a dividend of $0.21 per share on Monday, November 30th. This represents a $2.52 annualized dividend and a yield of 12.1%. The ex-dividend date is Friday, November 20th. This is a 4.5% decrease from Abrdn Global Infrastructure Income Fund’s previous monthly dividend of $0.22.

Abrdn Global Infrastructure Income Fund Trading Down 1.2%

Shares of NYSE:ASGI traded down $0.26 during trading on Wednesday, reaching $20.81. 6,543 shares of the company traded hands, compared to its average volume of 216,090. The firm has a fifty day simple moving average of $20.14 and a 200 day simple moving average of $22.76. Abrdn Global Infrastructure Income Fund has a 1-year low of $18.90 and a 1-year high of $25.95.

About Abrdn Global Infrastructure Income Fund

Abrdn Global Infrastructure Income Fund (NYSE: ASGI) is a closed-end investment fund managed by abrdn Inc. The fund seeks to provide investors with a high level of current income and the opportunity for capital appreciation by investing in infrastructure-related assets and companies. ASGI invests globally across infrastructure sectors, including utilities, energy, transportation, communications and other essential services. Its portfolio may include common and preferred stocks, debt securities and other income-producing investments issued by companies involved in developing, owning or operating infrastructure assets.