Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) Plans Monthly Dividend of $0.03

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) declared a monthly dividend on Wednesday, July 10th, Wall Street Journal reports. Investors of record on Wednesday, July 24th will be given a dividend of 0.0275 per share by the investment management company on Wednesday, July 31st. This represents a $0.33 annualized dividend and a dividend yield of 11.98%. The ex-dividend date of this dividend is Wednesday, July 24th.

Abrdn Asia-Pacific Income Fund Price Performance

Shares of FAX stock remained flat at $2.76 on Thursday. The stock had a trading volume of 586,180 shares, compared to its average volume of 808,478. Abrdn Asia-Pacific Income Fund has a 12 month low of $2.33 and a 12 month high of $2.84.

Abrdn Asia-Pacific Income Fund Company Profile

Abrdn Asia-Pacific Income Fund Inc is a close ended fixed income mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It is co-managed by Aberdeen Standard Investments Australia Limited and Aberdeen Asset Managers Limited. The fund invests in fixed income markets of Asia, Australia, and New Zeland.