abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) to Issue $0.17 Monthly Dividend

abrdn Asia-Pacific Income Fund, Inc. (NYSEAMERICAN:FAX) announced a monthly dividend on Tuesday, March 10th. Investors of record on Tuesday, March 24th will be given a dividend of 0.165 per share by the investment management company on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 13.0%. The ex-dividend date of this dividend is Tuesday, March 24th.

abrdn Asia-Pacific Income Fund Stock Up 1.1%

abrdn Asia-Pacific Income Fund stock traded up $0.17 during trading hours on Wednesday, reaching $15.23. 159,496 shares of the company were exchanged, compared to its average volume of 219,135. abrdn Asia-Pacific Income Fund has a 12 month low of $13.99 and a 12 month high of $16.90. The stock has a 50-day moving average of $15.64 and a 200 day moving average of $15.70.

abrdn Asia-Pacific Income Fund Company Profile

The abrdn Asia-Pacific Income Fund is a closed-end management investment company listed on the NYSE American under the ticker FAX. The fund seeks to provide total return by focusing primarily on current income and secondarily on capital appreciation through a diversified portfolio of Asia-Pacific securities.

Its investment portfolio is concentrated in dividend-paying equity securities of companies domiciled or operating in the Asia-Pacific region, excluding Japan. The fund may invest in common stocks, real estate investment trusts (REITs), depositary receipts, convertible securities and derivatives.