Aberdeen Income Credit Strategies Fund (NYSE:ACP) announced a monthly dividend on Friday, September 11th, Wall Street Journal reports. Shareholders of record on Monday, September 21st will be paid a dividend of 0.10 per share by the investment management company on Wednesday, September 30th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 11.92%. The ex-dividend date of this dividend is Friday, September 18th.

ACP stock opened at $10.07 on Wednesday. Aberdeen Income Credit Strategies Fund has a 1 year low of $5.30 and a 1 year high of $12.78. The company has a fifty day simple moving average of $10.25 and a 200 day simple moving average of $8.92.

About Aberdeen Income Credit Strategies Fund

Avenue Income Credit Strategies Fund is a closed ended fixed income fund launched by Avenue Capital Group. It is managed by Avenue Capital Management II LP. The fund invests in fixed income markets across the globe. It seeks to invest in loan and debt instruments. Avenue Income Credit Strategies Fund was formed on October 12, 2010 and is domiciled in the United States.

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

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