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

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) announced a monthly dividend on Monday, November 11th,NASDAQ Dividends reports. Shareholders of record on Thursday, November 21st will be paid a dividend of 0.165 per share by the investment management company on Friday, November 29th. This represents a $1.98 dividend on an annualized basis and a yield of 12.08%. The ex-dividend date is Thursday, November 21st.

Abrdn Asia-Pacific Income Fund Trading Down 2.1 %

Shares of FAX traded down $0.35 during midday trading on Tuesday, hitting $16.39. 204,232 shares of the company’s stock traded hands, compared to its average volume of 139,986. 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.