India Fund, Inc. (NYSE:IFN – Get Free Report) declared a quarterly dividend on Tuesday, November 10th. Shareholders of record on Friday, November 20th will be given a dividend of $0.37 per share by the investment management company on Monday, November 30th. This represents a $1.48 annualized dividend and a yield of 12.8%. The ex-dividend date of this dividend is Friday, November 20th.
India Fund Stock Down 0.4%
NYSE:IFN traded down $0.05 on Wednesday, reaching $11.52. 41,105 shares of the company’s stock were exchanged, compared to its average volume of 198,642. India Fund has a 52-week low of $10.13 and a 52-week high of $15.43. The business has a fifty day moving average of $10.80 and a 200-day moving average of $11.70.
India Fund Company Profile
The India Fund, Inc. (NYSE: IFN) is a closed-end investment fund focused on India. Its objective is long-term capital appreciation, and it invests primarily in the equity securities of companies with economic ties to India. The fund provides investors with access to a portfolio of Indian companies across multiple industries. It is managed by abrdn Asia Limited.
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