Abrdn Global Infrastructure Income Fund (NYSE:ASGI) to Issue Dividend of $0.19

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced a dividend on Tuesday, March 11th, NASDAQ Dividends reports. Investors of record on Tuesday, March 25th will be paid a dividend of 0.19 per share on Monday, March 31st. The ex-dividend date of this dividend is Tuesday, March 25th.

Abrdn Global Infrastructure Income Fund has increased its dividend payment by an average of 17.3% per year over the last three years.

Abrdn Global Infrastructure Income Fund Price Performance

Abrdn Global Infrastructure Income Fund stock traded down $0.03 during midday trading on Thursday, hitting $17.86. 84,197 shares of the company’s stock were exchanged, compared to its average volume of 134,585. The stock has a 50-day moving average price of $17.82 and a two-hundred day moving average price of $18.89. Abrdn Global Infrastructure Income Fund has a 52-week low of $16.58 and a 52-week high of $20.35.

Insider Transactions at Abrdn Global Infrastructure Income Fund

In other news, Director Thomas W. Hunersen acquired 5,000 shares of the business’s stock in a transaction dated Wednesday, January 15th. The stock was purchased at an average cost of $17.67 per share, for a total transaction of $88,350.00. Following the acquisition, the director now owns 6,000 shares of the company’s stock, valued at $106,020. This trade represents a 500.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

About Abrdn Global Infrastructure Income Fund

Aberdeen Standard Global Infrastructure Income Fund seeks to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

The Fund seeks to achieve its investment objective by investing in a portfolio of income-producing public and private
infrastructure equity investments from around the world.