abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) Plans $0.17 Monthly Dividend

abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) announced a monthly dividend on Tuesday, February 10th. Investors of record on Friday, February 20th will be paid a dividend of 0.165 per share by the investment management company on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 12.5%. The ex-dividend date of this dividend is Friday, February 20th.

abrdn Asia-Pacific Income Fund Stock Down 0.0%

FAX stock traded down $0.01 during midday trading on Wednesday, hitting $15.90. 93,509 shares of the stock traded hands, compared to its average volume of 227,200. abrdn Asia-Pacific Income Fund has a 1-year low of $13.99 and a 1-year high of $16.90. The stock’s fifty day simple moving average is $15.43 and its 200-day simple moving average is $15.76.

About abrdn Asia-Pacific Income Fund

The abrdn Asia-Pacific Income Fund is a closed-end management investment company listed on the NYSE American under the ticker FAX. The fund seeks to provide total return by focusing primarily on current income and secondarily on capital appreciation through a diversified portfolio of Asia-Pacific securities.

Its investment portfolio is concentrated in dividend-paying equity securities of companies domiciled or operating in the Asia-Pacific region, excluding Japan. The fund may invest in common stocks, real estate investment trusts (REITs), depositary receipts, convertible securities and derivatives.