Abrdn Global Infrastructure Income Fund (NYSE:ASGI) Plans $0.22 Monthly Dividend

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced a monthly dividend on Tuesday, August 11th. Shareholders of record on Monday, August 24th will be given a dividend of 0.22 per share on Monday, August 31st. This represents a c) annualized dividend and a yield of 11.0%. The ex-dividend date is Monday, August 24th.

Abrdn Global Infrastructure Income Fund Stock Performance

NYSE:ASGI traded up $0.07 during mid-day trading on Wednesday, hitting $23.91. 12,111 shares of the company traded hands, compared to its average volume of 195,173. The stock’s fifty day moving average price is $23.26 and its 200-day moving average price is $23.54. Abrdn Global Infrastructure Income Fund has a one year low of $20.01 and a one year high of $25.95.

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.