India Fund, Inc. (NYSE:IFN – Get Free Report) announced a quarterly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be paid a dividend of 0.37 per share by the investment management company on Monday, August 31st. This represents a c) dividend on an annualized basis and a dividend yield of 12.4%. The ex-dividend date of this dividend is Monday, August 24th.
India Fund Stock Performance
Shares of IFN traded down $0.01 during trading hours on Wednesday, hitting $11.90. 57,337 shares of the company were exchanged, compared to its average volume of 206,490. The firm’s 50 day moving average is $11.49 and its 200-day moving average is $12.05. India Fund has a 52 week low of $10.72 and a 52 week high of $15.95.
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.
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