abrdn Asia-Pacific Income Fund, Inc. (FAX) To Go Ex-Dividend on October 23rd

abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) announced a monthly dividend on Friday, October 9th. Investors of record on Friday, October 23rd will be given a dividend of $0.15 per share by the investment management company on Friday, October 30th. This represents a $1.80 annualized dividend and a yield of 13.9%. The ex-dividend date is Friday, October 23rd.

abrdn Asia-Pacific Income Fund Stock Down 0.2%

FAX stock traded down $0.02 during midday trading on Wednesday, hitting $12.91. 23,890 shares of the stock traded hands, compared to its average volume of 185,368. abrdn Asia-Pacific Income Fund has a 1-year low of $12.56 and a 1-year high of $16.37. The stock’s fifty day simple moving average is $13.85 and its 200-day simple moving average is $14.36.

abrdn Asia-Pacific Income Fund Company Profile

abrdn Asia-Pacific Income Fund, Inc is a closed-end investment company listed on the NYSE American under the symbol FAX. The fund seeks to provide current income and, secondarily, capital appreciation by investing primarily in fixed-income securities issued by governments, government-related entities and companies in the Asia-Pacific region.

The fund’s portfolio may include sovereign and corporate bonds, notes and other debt instruments denominated in local or foreign currencies. Its investment exposure can span developed and emerging markets across Asia and the Pacific, including countries such as Australia, China, India, Indonesia, South Korea, Malaysia, New Zealand, the Philippines, Singapore and Thailand.