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

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) announced a monthly dividend on Friday, July 10th. Shareholders of record on Thursday, July 23rd will be paid a dividend of 0.22 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 11.0%. The ex-dividend date is Thursday, July 23rd.

Abrdn Global Infrastructure Income Fund Trading Down 1.9%

Shares of ASGI stock opened at $24.01 on Tuesday. The company has a fifty day moving average price of $23.23 and a two-hundred day moving average price of $23.29. 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.