Abrdn Global Infrastructure Income Fund (NYSE:ASGI – Get Free Report)’s stock price shot up 1.7% during trading on Wednesday . The company traded as high as $22.90 and last traded at $22.6460. Approximately 127,763 shares were traded during trading, a decline of 36% from the average session volume of 198,365 shares. The stock had previously closed at $22.26.
Abrdn Global Infrastructure Income Fund Stock Down 1.9%
The stock’s 50 day moving average is $23.87 and its two-hundred day moving average is $23.62.
Abrdn Global Infrastructure Income Fund Announces Dividend
The business also recently announced a monthly dividend, which was paid on Monday, August 31st. Shareholders of record on Monday, August 24th were issued a dividend of $0.22 per share. The ex-dividend date was Monday, August 24th. This represents a c) dividend on an annualized basis and a yield of 11.9%.
Institutional Trading of Abrdn Global Infrastructure Income Fund
Abrdn Global Infrastructure Income Fund Company Profile
Abrdn Global Infrastructure Income Fund (NYSE: ASGI) is a closed-end management investment company that seeks to deliver both current income and potential capital appreciation by investing in a diversified portfolio of global infrastructure securities. The fund provides investors with exposure to companies and projects that operate essential infrastructure assets such as utilities, energy networks, transportation systems, and communications facilities. Shares of ASGI trade on the New York Stock Exchange, offering market-based liquidity for investors seeking infrastructure income strategies.
The fund’s investment approach combines equity and debt instruments issued by infrastructure issuers in developed and select emerging markets.
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