abrdn Asia-Pacific Income Fund, Inc. to Issue Monthly Dividend of $0.17 (NYSEAMERICAN:FAX)

abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) declared a monthly dividend on Friday, April 10th. Stockholders of record on Wednesday, April 22nd will be paid a dividend of 0.165 per share by the investment management company on Thursday, April 30th. This represents a c) annualized dividend and a dividend yield of 13.1%. The ex-dividend date is Wednesday, April 22nd.

abrdn Asia-Pacific Income Fund Stock Performance

Shares of abrdn Asia-Pacific Income Fund stock opened at $15.11 on Monday. The company’s fifty day simple moving average is $15.29 and its 200-day simple moving average is $15.38. abrdn Asia-Pacific Income Fund has a 1-year low of $14.18 and a 1-year high of $16.90.

abrdn Asia-Pacific Income Fund Company Profile

The abrdn Asia-Pacific Income Fund is a closed-end management investment company listed on the NYSE American under the ticker FAX. The fund seeks to provide total return by focusing primarily on current income and secondarily on capital appreciation through a diversified portfolio of Asia-Pacific securities.

Its investment portfolio is concentrated in dividend-paying equity securities of companies domiciled or operating in the Asia-Pacific region, excluding Japan. The fund may invest in common stocks, real estate investment trusts (REITs), depositary receipts, convertible securities and derivatives.