Abrdn Asia-Pacific Income Fund Inc (FAX) to Issue Monthly Dividend of $0.03 on August 30th

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) declared a monthly dividend on Friday, August 9th, Wall Street Journal reports. Investors of record on Friday, August 23rd will be paid a dividend of 0.0275 per share by the investment management company on Friday, August 30th. This represents a $0.33 dividend on an annualized basis and a yield of 11.54%. The ex-dividend date is Friday, August 23rd.

Abrdn Asia-Pacific Income Fund Stock Performance

FAX stock remained flat at $2.86 on Wednesday. 140,120 shares of the company were exchanged, compared to its average volume of 835,592. Abrdn Asia-Pacific Income Fund has a fifty-two week low of $2.33 and a fifty-two week high of $2.87.

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.