Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) Raises Dividend to $0.17 Per Share

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) declared a monthly dividend on Wednesday, September 11th, Wall Street Journal reports. Shareholders of record on Monday, September 23rd will be paid a dividend of 0.165 per share by the investment management company on Monday, September 30th. This represents a $1.98 annualized dividend and a yield of 11.33%. The ex-dividend date is Monday, September 23rd. This is a positive change from Abrdn Asia-Pacific Income Fund’s previous monthly dividend of $0.03.

Abrdn Asia-Pacific Income Fund Trading Up 0.1 %

NYSEAMERICAN FAX opened at $17.48 on Friday. Abrdn Asia-Pacific Income Fund has a 52 week low of $13.98 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.