India Fund, Inc. (IFN) to Distribute Quarterly Dividend of $0.37 on November 30th

India Fund, Inc. (NYSE:IFN) announced a quarterly dividend on Tuesday, November 10th. Shareholders of record on Friday, November 20th will be given a dividend of $0.37 per share by the investment management company on Monday, November 30th. This represents a $1.48 annualized dividend and a yield of 12.8%. The ex-dividend date is Friday, November 20th.

India Fund Stock Performance

NYSE:IFN opened at $11.54 on Thursday. The firm’s 50-day moving average is $10.80 and its 200-day moving average is $11.69. India Fund has a 52-week low of $10.13 and a 52-week high of $15.43.

India Fund Company Profile

The India Fund, Inc. (NYSE: IFN) is a closed-end investment fund focused on India. Its objective is long-term capital appreciation, and it invests primarily in the equity securities of companies with economic ties to India. The fund provides investors with access to a portfolio of Indian companies across multiple industries. It is managed by abrdn Asia Limited.