Abrdn Income Credit Strategies Fund (NYSE:ACP) Declares $0.08 Monthly Dividend

Abrdn Income Credit Strategies Fund (NYSE:ACPGet Free Report) announced a monthly dividend on Monday, January 13th,Wall Street Journal reports. Shareholders of record on Friday, January 24th will be paid a dividend of 0.0775 per share by the investment management company on Friday, January 31st. This represents a $0.93 dividend on an annualized basis and a yield of 15.56%. The ex-dividend date is Friday, January 24th.

Abrdn Income Credit Strategies Fund Stock Performance

Shares of ACP stock traded up $0.05 on Monday, reaching $5.98. The stock had a trading volume of 1,501,271 shares, compared to its average volume of 1,016,323. Abrdn Income Credit Strategies Fund has a 1 year low of $5.81 and a 1 year high of $7.05. The company has a 50 day simple moving average of $6.24 and a 200 day simple moving average of $6.43.

Abrdn Income Credit Strategies Fund Company Profile

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Abrdn Income Credit Strategies Fund is a closed-ended fixed income fund launched and managed by Aberdeen Asset Managers Limited. It is co-managed by Aberdeen Standard Investments Inc The fund invests in fixed income markets across the globe. It seeks to invest primarily in loan and debt instruments. Abrdn Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.

See Also

Dividend History for Abrdn Income Credit Strategies Fund (NYSE:ACP)

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