The India Fund, Inc. (NYSE:IFN – Get Free Report) announced a quarterly dividend on Tuesday, February 11th,Wall Street Journal reports. Shareholders of record on Friday, February 21st will be paid a dividend of 0.46 per share by the investment management company on Monday, March 31st. This represents a $1.84 dividend on an annualized basis and a yield of 11.66%. The ex-dividend date of this dividend is Friday, February 21st.
The India Fund has decreased its dividend payment by an average of 1.6% annually over the last three years.
The India Fund Stock Performance
IFN stock opened at $15.78 on Thursday. The India Fund has a twelve month low of $15.60 and a twelve month high of $21.25. The stock’s 50 day moving average is $16.20 and its 200-day moving average is $17.47.
About The India Fund
The India Fund, Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio.
Recommended Stories
- Five stocks we like better than The India Fund
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Will Falling Bond Yields Send These 2 Small Caps Soaring?
- 3 Warren Buffett Stocks to Buy Now
- These 2 Tech Stocks Are Surging Back After a Q4 2024 Plunge
- Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance
- Digital Turbine Roars Back—What’s Driving the Ad Tech Surge?
Receive News & Ratings for The India Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The India Fund and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.jpg?v=20230511062707&h=45&w=95&zc=2){kind=logo}