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

Abrdn Asia-Pacific Income Fund Inc (NYSEAMERICAN:FAX) declared a monthly dividend on Tuesday, May 13th, Wall Street Journal reports. Stockholders of record on Thursday, May 22nd will be given a dividend of 0.165 per share by the investment management company on Friday, May 30th. This represents a $1.98 annualized dividend and a dividend yield of 12.66%. The ex-dividend date of this dividend is Thursday, May 22nd.

Abrdn Asia-Pacific Income Fund Stock Performance

Shares of FAX stock opened at $15.64 on Thursday. The business has a 50-day moving average of $15.43 and a 200 day moving average of $15.15. Abrdn Asia-Pacific Income Fund has a 1-year low of $13.99 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.