Abrdn Asia-Pacific Income Fund Inc Declares Monthly Dividend of $0.17 (NYSEAMERICAN:FAX)

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) announced a monthly dividend on Tuesday, December 10th,Wall Street Journal reports. Investors of record on Monday, December 30th will be given a dividend of 0.165 per share by the investment management company on Friday, January 10th. This represents a $1.98 dividend on an annualized basis and a yield of 12.39%. The ex-dividend date of this dividend is Monday, December 30th.

Abrdn Asia-Pacific Income Fund Price Performance

Abrdn Asia-Pacific Income Fund stock traded up $0.01 during trading on Wednesday, reaching $15.98. The company had a trading volume of 93,293 shares, compared to its average volume of 142,441. Abrdn Asia-Pacific Income Fund has a 1-year low of $14.88 and a 1-year high of $17.55.

About Abrdn Asia-Pacific Income Fund

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.