Abrdn Income Credit Strategies Fund (NYSE:ACP) to Issue Monthly Dividend of $0.10

Abrdn Income Credit Strategies Fund (NYSE:ACP) declared a monthly dividend on Monday, November 11th,NASDAQ Dividends reports. Stockholders of record on Thursday, November 21st will be given a dividend of 0.10 per share by the investment management company on Friday, November 29th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 18.38%. The ex-dividend date of this dividend is Thursday, November 21st.

Abrdn Income Credit Strategies Fund Trading Up 0.9 %

Shares of NYSE:ACP opened at $6.53 on Tuesday. Abrdn Income Credit Strategies Fund has a 12-month low of $6.05 and a 12-month high of $7.05. The business’s fifty day simple moving average is $6.52 and its 200-day simple moving average is $6.60.

About Abrdn Income Credit Strategies Fund

Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.