abrdn Asia-Pacific Income Fund, Inc. (FAX) to Issue Monthly Dividend of $0.17 on January 12th

abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) announced a monthly dividend on Tuesday, December 9th. Shareholders of record on Wednesday, December 31st will be given a dividend of 0.165 per share by the investment management company on Monday, January 12th. This represents a c) dividend on an annualized basis and a yield of 12.7%. The ex-dividend date of this dividend is Wednesday, December 31st.

abrdn Asia-Pacific Income Fund Stock Up 1.7%

FAX opened at $15.65 on Monday. The company has a fifty day moving average price of $15.35 and a two-hundred day moving average price of $15.86. abrdn Asia-Pacific Income Fund has a 1-year low of $13.99 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.