abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX – Get Free Report) declared a monthly dividend on Tuesday, November 10th. Stockholders of record on Friday, November 20th will be given a dividend of $0.14 per share by the investment management company on Monday, November 30th. This represents a $1.68 annualized dividend and a dividend yield of 13.1%. The ex-dividend date is Friday, November 20th. This is a 6.7% decrease from abrdn Asia-Pacific Income Fund’s previous monthly dividend of $0.15.
abrdn Asia-Pacific Income Fund Stock Down 0.7%
Shares of FAX stock opened at $12.83 on Thursday. The firm’s 50-day moving average is $13.29 and its 200-day moving average is $14.50. abrdn Asia-Pacific Income Fund has a 52-week low of $12.56 and a 52-week high of $16.37.
About abrdn Asia-Pacific Income Fund
abrdn Asia-Pacific Income Fund is a closed-end investment fund focused on generating high current income, with capital appreciation as a secondary objective. It invests primarily in debt securities issued by governments, government-related entities and companies in the Asia-Pacific region. The portfolio may include both investment-grade and below-investment-grade bonds, as well as securities denominated in U.S. dollars or local currencies. Its regional focus includes developed and emerging markets across Asia and the Pacific.
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