Abrdn Global Infrastructure Income Fund (NYSE:ASGI) Declares Monthly Dividend of $0.23

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced a monthly dividend on Monday, May 11th. Investors of record on Thursday, May 21st will be paid a dividend of 0.23 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 11.5%. The ex-dividend date is Thursday, May 21st.

Abrdn Global Infrastructure Income Fund Stock Down 0.4%

Shares of NYSE:ASGI opened at $24.04 on Tuesday. Abrdn Global Infrastructure Income Fund has a fifty-two week low of $18.90 and a fifty-two week high of $25.95. The firm has a 50-day simple moving average of $23.53 and a 200 day simple moving average of $22.69.

About Abrdn Global Infrastructure Income Fund

Abrdn Global Infrastructure Income Fund (NYSE: ASGI) is a closed-end management investment company that seeks to deliver both current income and potential capital appreciation by investing in a diversified portfolio of global infrastructure securities. The fund provides investors with exposure to companies and projects that operate essential infrastructure assets such as utilities, energy networks, transportation systems, and communications facilities. Shares of ASGI trade on the New York Stock Exchange, offering market-based liquidity for investors seeking infrastructure income strategies.

The fund’s investment approach combines equity and debt instruments issued by infrastructure issuers in developed and select emerging markets.