India Fund, Inc. (IFN) To Go Ex-Dividend on November 21st

India Fund, Inc. (NYSE:IFN) announced a quarterly dividend on Tuesday, November 11th. Shareholders of record on Friday, November 21st will be paid a dividend of 0.906 per share by the investment management company on Monday, January 12th. This represents a c) annualized dividend and a yield of 23.9%. The ex-dividend date is Friday, November 21st. This is a 110.7% increase from India Fund’s previous quarterly dividend of $0.43.

India Fund Trading Up 0.3%

Shares of NYSE:IFN opened at $15.16 on Thursday. India Fund has a 12-month low of $13.76 and a 12-month high of $17.92. The business’s fifty day simple moving average is $14.98 and its 200-day simple moving average is $15.63.

India Fund Company Profile

The India Fund, Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio.