abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX – Get Free Report) announced a monthly dividend on Tuesday, February 10th. Shareholders of record on Friday, February 20th will be given 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 12.4%. The ex-dividend date is Friday, February 20th.
abrdn Asia-Pacific Income Fund Price Performance
abrdn Asia-Pacific Income Fund stock opened at $15.93 on Thursday. abrdn Asia-Pacific Income Fund has a fifty-two week low of $13.99 and a fifty-two week high of $16.90. The stock’s fifty day moving average is $15.45 and its two-hundred day 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.
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