Abrdn Global Infrastructure Income Fund (ASGI) To Go Ex-Dividend on March 24th

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) declared a monthly dividend on Tuesday, March 10th. Stockholders of record on Tuesday, March 24th will be given a dividend of 0.23 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 12.0%. The ex-dividend date is Tuesday, March 24th. This is a 4.5% increase from Abrdn Global Infrastructure Income Fund’s previous monthly dividend of $0.22.

Abrdn Global Infrastructure Income Fund Price Performance

ASGI stock opened at $23.09 on Thursday. The firm has a 50-day moving average of $23.25 and a 200 day moving average of $21.93. Abrdn Global Infrastructure Income Fund has a 1 year low of $16.65 and a 1 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.