India Fund, Inc. (IFN) to Issue Quarterly Dividend of $0.91 on March 31st

India Fund, Inc. (NYSE:IFN) announced a quarterly dividend on Tuesday, February 10th. Stockholders of record on Friday, February 20th will be given a dividend of 0.906 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 25.6%. The ex-dividend date of this dividend is Friday, February 20th.

India Fund Trading Down 0.4%

Shares of IFN stock opened at $14.18 on Thursday. India Fund has a 12-month low of $13.46 and a 12-month high of $16.95. The business’s 50 day moving average is $13.86 and its two-hundred day moving average is $14.64.

India Fund Company Profile

The India Fund, Inc (NYSE: IFN) is a closed-end management investment company incorporated in Maryland. It seeks to provide shareholders with long-term growth of capital, as well as current income. The fund trades on the New York Stock Exchange and offers investors access to equity markets in India through a diversified portfolio of Indian companies.

IFN invests primarily in equity securities of companies organized or domiciled in India, including common stocks, depositary receipts and other equity-related instruments.