India Fund, Inc. (NYSE:IFN) Declares Quarterly Dividend of $0.37

India Fund, Inc. (NYSE:IFN) declared a quarterly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be given a dividend of 0.37 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 12.4%. The ex-dividend date is Monday, August 24th.

India Fund Stock Performance

Shares of IFN stock traded down $0.01 during trading hours on Wednesday, reaching $11.90. 75,898 shares of the company’s stock were exchanged, compared to its average volume of 206,599. The company’s 50 day moving average is $11.49 and its two-hundred day moving average is $12.05. India Fund has a 1 year low of $10.72 and a 1 year high of $15.95.

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.