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

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) declared a monthly dividend on Tuesday, December 10th,Wall Street Journal reports. Stockholders 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 annualized dividend and a dividend yield of 12.39%. The ex-dividend date is Monday, December 30th.

Abrdn Asia-Pacific Income Fund Stock Up 0.1 %

Shares of NYSEAMERICAN:FAX traded up $0.01 during trading on Wednesday, hitting $15.98. 93,293 shares of the stock traded hands, compared to its average volume of 142,441. Abrdn Asia-Pacific Income Fund has a 52-week low of $14.88 and a 52-week 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.